continuing to build online leadership · aiming for the global #1 position 11 established...
TRANSCRIPT
Continuing to build online leadership Rolv Erik Ryssdal, CEO
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
2
Empowering people in their daily life
We aim to be the global number
1 in Online Classifieds
Seizing the digital growth
opportunity in core markets
Powerful brands and digital platforms
reaching ever more readers
Online Classifieds
Media Houses
New Online
Services
Customer
insights
Payment
services
Technology
platforms
Advanced
data analytics
Organization &
Competence
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Growing our international footprint
7,800 employees
15bn revenue (NOK)
29 countries
3
Main markets
Online Classifieds growth markets
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Digital transformation is accelerating
4
45% online revenue share
61% online EBITDA share
Online revenue share development Percent
70% online EBITDA share
excluding new ventures 0%
20%
40%
60%
80%
100%
2010 2011 2012 1H 2013
Online classifieds Media Houses online
Media Houses offline
INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
5
Clear strategic direction
Targeting global leadership in Online Classifieds
Building world-class digital Media Houses
Investing in talent and technology for innovation
and growth
1
2
3
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
0
1,500
3,000
4,500
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 LTM
Online Classifieds
Long term growth track record
6
Revenue development, Online Classifieds NOK million
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Online Classifieds
Well balanced growth portfolio Large established
- Consistent strong performance
Other established
- Large untapped potential
Investment phase
– for long-term growth
7
2,229
2,661
2,875
1,225
1,488 1,603
2011 2012 LTM
Revenue EBITDA
771 885 902
236 228 244
2011 2012 LTM
Revenue EBITDA
174 85 90
-412
-530 -723
2011 2012 LTM
Revenue EBITDA
Figures in NOK million
INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
8
Credible partners in emerging markets
Finn.no
(owned through
Schibsted Norge)
90% 100% 50% 33.3%
SnT Classifieds
(South America and Asia)
Schibsted
Classified
Media
701 Search Pte.
(South East Asia)
33.3% 33.3% 50%
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Combining to drive growth
One of the global leaders in Online
classifieds
Reaching around 100 million people
Early mover with 15 years of
experience
Roll out strategy based on proven
concepts and insights from key
European markets
One of the leading global telecom
providers
150 million mobile customers
Large player in emerging markets
Deep insight into mobile Internet
technology and usage
Long term industrial partner with
solid financial capacity
9
Joint Ventures in South America and Asia
+
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Online Classifieds – Investment phase
Good investment track record
1. Established profitable market leaders in 8 countries
2. Built up emerging leaders with large, growing traffic volumes in several new markets
3. Telenor transaction demonstrates emerging markets value creation and unlocks capital for future investments
10
Significant investment in new ventures Investments since 2009* (NOK million)
*Sum of EBITDA-losses in investment stage companies 2009-1H 2013
97
97
225
412
530
485
1,749
2009 2010 2011 2012 1H2013
Total2009-2013
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Online Classifieds
Aiming for the global #1 position
11
Established operations Investment phase
Payment models
New verticals
and services Building traffic
Price
optimization
Investments in
traffic
Long term
monetization
strategies
Strong
competition
Strong JV
partners
Customer centricity and user experience
Best practice sharing
INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
12
Media Houses ready for accelerated digital transition
Strong and leading brands
High quality journalism
Strong media reach – online and print
Powerful traffic drivers
Solid cash flow
1
2
3
4
5
INVESTOR DAY 2013
Chart-slide Header, max two lines
Text:
All fonts in charts are
Arial Regular, 18 pt
13
Media Houses
Reaching more people than ever
Source: Forbruker & Media, TNS Gallup
Leading media houses and advertiser’s choice
Reaching 76% of the Norwegian population
High quality offering in print, online, mobile and web-TV
#1-2 positions across all platforms
Focus on converting revenue
from print to digital
Example: VG daily weekday coverage
2013 1997
2.4m
1.4m
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Transforming print audience and revenue to online
Building world-class digital media
14
Mobile and tablet Web TV Innovative reader involvement Digital subscriptions
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Transforming print audience and revenue to online
Building world-class digital media
15
Mobile and tablet Web TV Innovative reader involvement Digital subscriptions
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Transforming print audience and revenue to online
Building world-class digital media
16
Mobile and tablet Web TV Innovative reader involvement Digital subscriptions
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Transforming print audience and revenue to online
Building world-class digital media
17
Mobile and tablet Web TV Innovative reader involvement Digital subscriptions
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
SPiD enables easy payment and offers customer insights
Rapidly growing customer database
Launching across our products and
platforms
Rolled out across media houses and
Finn.no in Norway
Significant potential in Blocket from
2014
Easy-to-use payment solution that
significantly increases conversion
Provides basis for data mining and
advanced customer insights
Potential to expand onto peer-to-
peer payments in Online classifieds
in Scandinavia and beyond
18
Registered users SPID Number of accounts (thousand)
More than 2.2 million registered users
500,000 with registered credit cards
0
500
1,000
1,500
2,000
2,500
Feb-1
2
Ma
y-1
2
Aug
-12
Nov-1
2
Feb-1
3
Ma
y-1
3
Aug
-13
INVESTOR DAY 2013
Global recruiting of new competence
Pricing Churn modelling Conversion Segmentation
Shared
technological
platforms
19 INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
20
Empowering people in their daily life
Online Classifieds
Media Houses
Customer
insights
Payment
services
Technology
platforms
Advanced
data analytics
Organization &
Competence
New Online
services
INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
21
Empowering people in their daily life
Online Classifieds
Media Houses
Customer
insights
Payment
services
Technology
platforms
Advanced
data analytics
Organization &
Competence
Personal finance
Price comparisons
Other
conversion models
INVESTOR DAY 2013
Two columns Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
New Online services
Next generation growth drivers
Schibsted Growth is already a
NOK 1 billion business
Market leader in Personal
Finance in Sweden
Bolt-on acquisition of Compricer
in September
Fuelled from large traffic pools in
online media and classifieds
Major potential to be exploited
with deeper, data-driven
consumer insights
Opportunities in Norway, France
and other markets
22 INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
23
Key takeaways
Targeting global leadership in Online Classifieds
Building world-class digital Media Houses
Investing in talent and technology for innovation
and growth
1
2
3
INVESTOR DAY 2013
Bullet-textslide Header, max two lines
Text:
Click on ’Increase Indent’
for changing Bullet-level
To get back,
click on ’Decrease Indent’
Turn off ’CLASSIFICED’ via
1. ’Insert’ / ’Header & Footer’
2. Deactivate by clicking off the
Footer Checkbox
3. Check ’Apply to All’
