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Scout24 updates full-year outlook after strong first quarter

Scout24 AG publishes preliminary results for 2020: Q4 strongest revenue quarter, annual guidance fully met

  1 In accordance with IFRS 5, the previous year s figures were retrospectively adjusted for discontinued operations. 2 Ordinary operating EBITDA corresponds to EBITDA adjusted for non-operating effects such as expenses for share-based payment, M&A activities, reorganisation, and strategic projects.   Management Board Summary In 2020, we demonstrated to be a reliable and responsible partner in difficult times: We strengthened the relationships with our customers and created strong momentum for our continued successful growth. We have never lost sight of our strategic objectives. Through the ongoing enhancement of our digital product offering, we are progressing well with the development towards a comprehensive market network, thereby further expanding our addressable markets. This is also reflected in our diversified revenue mix, where consumer subscriptions and mandate leads are increasingly replacing revenues from private listings and 3

How Pandemic Bonds Became the World s Most Controversial Investment

How Pandemic Bonds Became the World s Most Controversial Investment
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pandemic bonds: How pandemic bonds became the world s most controversial investment

Synopsis The harshest critics of the World Bank s experiment have questioned whether it’s appropriate to tie responsibility for public health to private investment at all. Agencies By Tracy Alloway and Tasos Vossos In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood in front of a group of Georgetown University students and professors to introduce a new approach to fighting pandemics. Fresh from the annual gathering of power brokers and policy makers in Davos, Kim described a new type of financial product – “pandemic bonds” – that he hoped would persuade private investors to swell the World Bank’s coffers. Quoting former U.S. Treasury Secretary Lawrence Summers, Kim said: “Investing in health is the right thing to do ethically and morally, but it s also the right thing to do if you can do basic arithmetic.”

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