Vend Marketplaces Asa · OSL:VEND
Vend Marketplaces Asa — Schibsted — Merger or Acquisition (July 2020)
13 slides from Vend Marketplaces Asa's merger presentation, Jul 21, 2020
Slide 1: Adevinta acquires eBay Classifieds Group – creating the world's largest online classifieds group
Schibsted’s subsidiary Adevinta acquires eBay Classifieds Group – creating the world’s largest online classifieds group Kristin Skogen Lund, CEO Ragnar Kårhus, CFO Christian Printzell Halvorsen, EVP Nordic Marketplaces 21 July 2020
Slide 2: Disclaimer
Disclaimer This presentation (hereinafter referred to as the "presentation") has been prepared by Schibsted ASA ("Schibsted" or the "Company") exclusively for information purposes and does not constitute an offer to sell or the solicitation of an offer to buy any financial instruments. Reasonable ca
Slide 3: Supporting the creation of the world's largest online classifieds platform
Supporting the creation of the world’s largest online classifieds platform World’s Strong largest potential for online value classifieds creation platform ● Globally scaled, pure-play online classifieds player ● Significant synergy potential, with approximately USD 150-185 million of run-rate EBITDA
Slide 4: Schibsted remains an active anchor shareholder in Adevinta
Schibsted remains an active anchor shareholder in Adevinta ● Schibsted’s Board of Directors and management strongly supporting the transaction ● Schibsted ASA and Blommenholm Industrier AS have irrevocably committed to vote in favor of the transaction ● Schibsted’s ownership will be approximately 33
Slide 5: Proven ability to create value through bold investments and long-term strategies over time
Proven ability to create value through bold investments and long-term strategies over time Market cap (NOKbn) 91.1 86.5 27.6 65.6 24.9 65.1 51.2 53.8 43.3 43.1 25.4 61.6 63.5 16.3 18.6 16.1 15.4 14.1 5.7 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Friday, 17 July 2020 Adevi
Slide 6: Schibsted acquires eBay Classifieds' Danish operations
Schibsted acquires eBay Classifieds’ Danish operations
Slide 7: Bolstering Schibsted's position as the leading Nordic online classifieds company
Bolstering Schibsted’s position as the leading Nordic online classifieds company eBay Classifieds Denmark Strong strategic rationale Financing Horizontal online classifieds business Strengthening portfolio with leading Acquisition price of consisting of: online classifieds operations in a USD 330 mi
Slide 8: Strong combination of generalist and vertical positions in Denmark
Strong combination of generalist and vertical positions in Denmark ● 2019 Revenues of USD 53 million* ● 75% from online classifieds ● 25% from advertising ● 2019 EBITDA of USD 25 million* + ● Around 100 employees located in Aarhus and Copenhagen * Approximate figures; eBay Classifieds Denmark utiliz
Slide 9: Pole position in the Danish car market
Pole position in the Danish car market Revenue 2019 (USDm) Monthly unique visitors Number of dealers ~10x ~7x ~1.5x 8 Source: Management estimates
Slide 10: We have strengthened our leadership positions in the Nordics
We have strengthened our leadership positions in the Nordics 9 Source: Internal analysis based on traffic, listings, revenues * Real estate for sale for professionals discontinued, focusing on rentals in Sweden
Slide 11: Increased revenue diversification in Schibsted's Nordic Marketplaces
Increased revenue diversification in Schibsted’s Nordic Marketplaces Pro forma revenue mix 2019* Denmark 12% Finland 10% Norway 53% Sweden 25% 10 * Exchange rates: USDNOK 8.8003; EURNOK 9.8502
Slide 12: Q&A
Q&A Kristin Skogen Lund, CEO Ragnar Kårhus, CFO Christian Printzell Halvorsen, EVP Nordic Marketplaces
Slide 13: Investor contact
Investor contact Visit Schibsted’s web site schibsted.com E-mail: ir@schibsted.com Jann-Boje Meinecke VP, Head of IR +47 941 00 835 Schibsted ASA Akersgata 55 / P.O. Box 490 Sentrum NO-0105 Oslo