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Adevinta ASA: Second hand trade has big environmental impact according to Adevinta study


Adevinta ASA: Second hand trade has big environmental impact according to Adevinta study
20.7 million tonnes of CO2 emissions potentially saved by online consumers
London and Oslo, 14 April 2021: 20.7 million tonnes of carbon dioxide emissions were potentially saved by consumers who chose to buy and sell used items through ten online marketplaces operated by Adevinta and Schibsted, according to the Second Hand Effect 2020 report (SHE), published today. By offering users platforms where they can buy and sell, online marketplaces reduce the need for newly produced goods and promote more sustainable consumption. This key concept is what Adevinta and Schibsted call the Second Hand Effect. The report, the methodology for which was developed in close collaboration with IVL, the Swedish Environmental Research Institute and sustainability consultancy Ethos International, is in its eighth iteration since launching in 2013. It looks at how much CO2 and materials (plastic, steel a ....

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Schibsted ASA (via Public) / Schibsted – Schibsted ASA (SCHA/SCHB) – Interim Financial Statement Q4 2020


Schibsted – Schibsted ASA (SCHA/SCHB) – Interim Financial Statement Q4 2020
Schibsted ASA (SCHA/SCHB)
12.2.2021 07:00:00 CET | Schibsted | Half yearly financial reports and audit reports / limited reviews
Today, Schibsted released its Q4 2020 results
Comments from the CEO
Schibsted ended 2020 with a strong fourth quarter, continuing the recovery after the contraction in the start of the COVID-19 pandemic. Driven by underlying¹ revenue growth of 4 percent and cost savings, we achieved a strong EBITDA of NOK 665 million in Q4, increasing by 45 percent compared to the same period last year, CEO Kristin Skogen Lund says.
The higher EBITDA was driven by all business areas, while in particular News Media had another strong quarter, where underlying² revenues grew 5 percent in combination with lower costs. The revenue growth in News Media was driven by continued strong growth in digital subscriptions, an increase in digital advertising and some ....

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