Adevinta ASA (OSL:ADE)
kr 113.8 -0.2 (-0.18%) Market Cap: 138.94 Bil Enterprise Value: 159.77 Bil PE Ratio: 0 PB Ratio: 1.43 GF Score: 87/100
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Q3 2019 Adevinta ASA Earnings Call Transcript

Oct 24, 2019 / 12:00PM GMT
Release Date Price: kr100.2 (+7.97%)
Operator

Good day, everyone, and welcome to the Adevinta Q3 2019 Q&A Conference Call.

Today's call is being recorded.

And now it is my pleasure to turn the conference over to Mr. Rolv Erik Ryssdal. Please go ahead, sir.

Rolv Erik Ryssdal
Adevinta ASA - CEO

Thank you very much.

Hello, and good afternoon from Oslo, and thank you for joining us for our Q3 2019 investor call. My name is Rolv Erik Ryssdal. I'm the CEO. I'm here with Uvashni Raman, our CFO; and Antoine Jouteau, who's the CEO of leboncoin and Adevinta France.

I'm sure that you've been able to read through the results material, and maybe even many of you watched our presentation this morning, so I'll keep my introduction short. I am pleased to report that Adevinta achieved another solid quarter in Q3. Our strategy is to focus on core vertical, invest in product and tech and press ahead with organic and inorganic growth. Opportunities is being pursued actively.

Proportional revenues, including joint ventures, grew 15% in Q3 compared with the same quarter last

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