Eniro continues to streamline and makes a capital gain

Eniro continues to concentrate the company’s operations and is thus divesting the Norwegian B2B service Inform. The divestment will generate a capital gain in excess of SEK 30 M in the fourth quarter.

Today, Eniro Norge AS has agreed to sell the business-to-business service Inform to Bisnode Norge AS. The divestment includes brands and other intellectual property rights, customer agreements and personnel. Inform has full-year sales totaling approximately SEK 19 M and a positive EBITDA. Bisnode will pay a purchase consideration totaling SEK 37 M. The payment will be made in cash on the transfer date, expected November 30, 2012.

“The divestment of Inform means that we are continuing to streamline and focus our operations on digital local search,” says Johan Lindgren, President and CEO of Eniro AB. “A concentration of the company’s brand portfolio facilitates more efficient utilization of Eniro’s development resources in the company’s growth areas, while management’s time can be focused on operating and further developing the core business,” concludes Johan Lindgren.

For more information, please contact:
Johan Lindgren, President and CEO, Tel: +46 8 553 311 14
Mattias Lundqvist, CFO, Tel: +46 8 553 310 04
Cecilia Lannebo, Head of Investor Relations, Tel: +46 722 208 277, e-mail: cecilia.lannebo@eniro.com

The information is such that Eniro AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publishing at 08:00 a.m. on November 23, 2012.

Eniro är Nordens största lokala sökföretag. Genom att använda Eniros tjänster kan både företag och konsumenter på ett enkelt sätt hitta de försäljningsställen som har de produkter och tjänster man är intresserad av. Oavsett om kanalen är internet, katalog eller mobil. Annonsörer kan aktivt marknadsföra sig till köpbenägna konsumenter och företag och därmed få nya kunder och ökad försäljning.

Eniro har cirka 3 500 anställda i Norden och Polen samt är noterat på Nasdaq OMX Stockholm sedan år 2000. Under 2011 uppgick intäkterna till 4 323 MSEK, med ett resultat före avskrivningar (EBITDA) på 991 MSEK. Huvudkontoret finns i Stockholm. Mer om Eniro på www.eniro.com

About Us

Eniro is a Nordic tech company that helps small and medium-sized companies with digital marketing. Eniro also has a search service that aggregates, filters and presents information to help individuals find and come into contact with each other and with companies. The company has about 1,100 employees and operates in Sweden, Norway, Denmark and Finland through the local domains eniro.se, gulesider.no, krak.dk and degulesider.dk, and Each week, Eniro Group’s digital services have about 5.2 million unique visitors. Eniro is listed on Nasdaq Stockholm [ENRO] and its head office is located in Stockholm.

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