Interim report January - September 2009

Developments in the third quarter - Operating revenues amounted to SEK 1,500 M (1,480). The organic decline was 3 percent during the third quarter - Organic growth for the Online business area amounted to 7 percent - EBITDA amounted to SEK 404 M (478) and was negatively affected by restructuring costs related to Group-wide projects and organizational changes - Impairment of intangible assets in an amount of SEK 521 M attributable to Offline Media "Considering that a large part of our operations is late cyclical, which now can be seen in our revenues, and the fact that we have during the quarter initiated important Group wide change projects, I am relatively satisfied with the result we have achieved in this quarter. Our new organizational structure is in place and we have conducted a pilot project regarding a new sales concept, which over time could lead to a single sales force. Together with the other initiatives ongoing I am convinced that this will strengthen Eniro’s position over the long term." Jesper Kärrbrink, President and CEO A webcast with presentation of the report by CEO Jesper Kärrbrink, CFO Jan Johansson and Mathias Hedlund, SVP Products & Services, has been published on http://www.eniro.com/Q3film. At 10.00 CET a telephone conference will be held for analysts, for further information please see www.eniro.com

About Us

Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going. Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 2,000 employees and has been listed on NASDAQ Stockholm since 2000. During 2014, Eniro revenues amounted to SEK 3,002m and EBITDA was SEK 631m. Approximately 88 percent of Eniro advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com. Eniro – Discover local. Search local.

Subscribe

Documents & Links