Adevinta ASA (ADE) – Adevinta reports resilient performance in Q2
(WorldNews France)

Operational KPIs improving in all segments throughout Q2 Total revenues1 down 16% but performance improving month by month Strong EBITDA1 performance Strong financial position securing ability to invest organically and externally Leverage ratio at 0.6x at end of June Continued investment in product & technology Oslo, 16 July 2020 - Adevinta ASA (ADE) (`Adevinta` or the Company`), completed its second quarter of 2020, ended 30 June, reporting a resilient performance across its business, particularly in France. The company saw a revenue decline of 16% in the quarter, compared to Q2 2019 (or -20% excluding l`Argus) due to the significant impact of Covid-19 in all markets. After a decline in...