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February 12, 2016 10:30 AM ET

Media

Company Overview of Svenska Dagbladet Annons AB

Company Overview

Svenska Dagbladet Annons AB provides subscription-based morning newspapers in Sweden. The company provides morning print newspaper and online newspaper. The company was founded in 1884 and is based in Stockholm, Sweden. Svenska Dagbladet Annons AB operates as a subsidiary of Schibsted ASA.

Besök Mäster Samuelsgatan 56

Stockholm,  105 17

Sweden

Founded in 1884

Phone:

46 8 13 50 00

Key Executives for Svenska Dagbladet Annons AB

Chief Executive Officer
Age: 53
Editor-In-Chief
Age: 47
Jornalist
Compensation as of Fiscal Year 2015.

Svenska Dagbladet Annons AB Key Developments

Segulah Eyes Newspaper Acquisitions Rejecting Svenska Dagbladet

Segulah Advisor AB is interested in acquiring more newspapers, and is eyeing possible geographical expansion, primarily in freesheets says Joachim Berner, Chairman of the board of 31 Mitt i, one of the assignments of Segulah Advisor acquired in the Stockholm area in 2014. Berner says there are interesting newspapers for sale, and discussions are mainly about price. He emphasizes that Segulah is not interested in acquiring Svenska Dagbladet Annons AB, reported Dagens Industri.

Bonnier Reportedly Not Interested In Acquiring Svenska Dagbladet.

Bonnier AB is rumoured to have turned down an opportunity to acquire Svenska Dagbladet Annons AB. According to newspaper sources, discussions last autumn stranded as Bonnier could not agree with Schibsted on a suitable price. Gunilla Herlitz at Bonnier News says Bonnier has today no interest at all in acquiring Svenska. One of the reasons Bonnier rejected a deal was the uncertain economic future for Svenska, where Bonnier wanted Schibsted to pay Bonnier for taking control of Svenska while Schibsted wanted Bonnier to pay to acquire the business.

SvD Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

SvD reported earnings results for the second quarter and six months ended June 30, 2014. For the first half year, the company reported operating revenues of SEK 488 million compared to SEK 526 million reported in the same period last year. EBITDA was SEK 14 million against EBITDA loss of SEK 7 million reported last year. For the quarter, the company reported operating revenues of SEK 246 million compared to SEK 273 million reported in the same period last year. EBITDA was SEK 12 million against SEK 4 million reported last year.

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