Schibsted ASA Q4 2019 Earnings Call Transcript

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

Question: Ole Martin Westgaard - DNB Markets, Research Division - Analyst : This is Ole Martin Westgaard from DNB. I have a couple of questions. Starting with your headquarter cost, it was quite high in Q4. I didn't quite catch on this morning's conference call, whether you expected the Q4 level to be representative going forward or whether it was the full year 2019 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. FEBRUARY 13, 2020 / 1:00PM, SCHA.OL - Q4 2019 Schibsted ASA Earnings Call level? And also, a follow-up on that. I understand that you aim to allocate it to the various segments. Can you give any rough indication on how this split will be? That was my first question. And then the second part is coming back to Blocket. I understand that you don't want to provide any margin guidance, but is it possible in Q4 to make a comment on how much the increased employees and product and tech spend had an impact on the margin?

Question: Ole Martin Westgaard - DNB Markets, Research Division - Analyst : Okay. Can I just follow up on that? On the 2019 level, is that representative for cost in 2020? Or is it the Q4 level that is representative for cost going forward?

Question: Ole Martin Westgaard - DNB Markets, Research Division - Analyst : Okay. But is it possible -- then going back to the first question. On the CapEx, since there was some higher or lower capitalization. Can you give any CapEx guidance for 2020?