Schibsted ASA Q1 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: William Packer - BNP Paribas Exane - Analyst : Hi, there. Thanks for taking my questions. So you've withdrawn the NMP guidance today. Could you help us think about 2024 margins for that segment? Consensus has a margin expansion, which could look optimistic now. Should we expect margins to be down year on year versus 2023, considering the lack of cost action, jobs weakness, recommerce headwinds, et cetera? And then, my other question is regarding the dissynergies. So I've asked a couple of times after that, and each time you've argued it's a work in progress, which is very understandable. Now, we're removing media from our forecast from next quarter, it seems pretty close. So perhaps we can have some update there on any dissynergies? How should we think about the central cost number going forward? Any color would be helpful. Thank you. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. APRIL 26, 2024 / 7:00AM, SCHA.OL - Q1 2024 Schibsted ASA Earnings Call

Question: William Packer - BNP Paribas Exane - Analyst : So just to come back on the 2024 messaging. So you've drawn the guidance and suggested that the margin ambitions will take somewhat longer to achieve, which I understand. But obviously, there's quite a wide range of outcomes that we could model. Is there any color you can offer us at all on the cadence of margins from here even into next quarter? Because it does feel like there's a pretty wide variance ahead potentially.

Question: William Packer - BNP Paribas Exane - Analyst : Thanks for the color.

Question: William Packer - BNP Paribas Exane - Analyst : Sorry, I turned my hand down.