Publisher Schibsted's Q1 above forecast, repeats online guidance
11/05/2016 06:02
OSLO, May 10 (Reuters) - Norwegian publishing firm Schibsted
SBSTA.OL reported first-quarter core earnings above
expectations on Wednesday and maintained its forecast of annual
revenue growth of between 15 and 20 percent in online
classifieds for the mid- to long-term.
Schibsted's first-quarter earnings before interest, taxes,
depreciation and amortisation (EBITDA) rose to 421 million
crowns ($51.37 million) from 376 million crowns a year ago,
versus expectations for 389 million crowns.
($1 = 8.1961 Norwegian crowns)
(Reporting by Camilla Knudsen, editing by Gwladys Fouche)
((camilla.knudsen@thomsonreuters.com; +47 2331 6595; Reuters
Messaging: camilla.knudsen.thomsonreuters.com@reuters.net))
Keywords: SCHIBSTED RESULTS/