Financial overview

Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 1,900 employees and has been listed on Nasdaq Stockholm since 2000.

During 2015, Eniro’s revenues amounted to SEK 2,438 M and EBITDA was SEK 383 M. Approximately 70 percent of Eniro’s advertising revenues comes from digital channels.

Headquarter is located in Stockholm, Sweden.

 

Key ratios
           
  2011*** 2012*** 2013**** 2014 2015
Financial key ratios          
Operating margin - EBITDA 23.8 24.4 22 21 16
Equity, average 12 months 3,201 3,308 3,607 3,021 1,312
Return on equity, 12 months -6 7 4.9 -55.1 -86
Interest-bearing net debt 3,535 2,704 2,340 2,208 1,241
Debt/equity ratio 1.2 0.8 0.6 1.2 1.1
Equity/assets ratio 31 40 45 29 26
Interest-bearing net debt/EBITDA 3.4 2.8 3 3.5 -
Interest-bearing net debt/adjusted EBITDA 3.3 2.8 2.6 3.3 2.7
   
Key ratios per share before dilution          
Net income, (attributable to shareholders of Parent Company) -1.84 2.09 1.29 -17.09 -3.69
Average number of shares after share buybacks * 100,177 100,177 100,177 100,177 317,742
Equity 30.23 35.02 35.56 17.17 2.35
Share price, end of period 11.45 11.05 49.59 7.23 0.92
Number of common shares on the closing date ** 100,177 100,177 100,177 100,177 474,538
Number of preference shares on the closing date   1,000 1,000 1,000 1,000
   
Other key data          
Average number of full-time employees 3,680 3,409 3,002 2,536 2,106
Number of full-time employees on the closing date 3,626 3,187 2,816 2,256 1,877
   
* Adjusted for reversed splits in July 2009 (4:1) and Jan 2010 (50:1).
**Adjusted for reversed splits in July 2009 (4:1) and Jan 2010 (50:1).
*** Restated comparison year in accordance with new accounting principle regarding pensions
**** Retrospective restatement of financial statements in accordance with IAS 8 Accounting Policies, Changes in Accouting Estimates and Errors.