In line with the continued concentration of its business to digital, local search, Eniro is selling its shares in Scandinavia Online AS (50.1%) to the Norwegian part-owner Aller Media AS. The sale will give rise to a capital gain of approximately SEK 30 M during the first quarter. Eniro Holding AS today reached an agreement to sell its shares in Scandinavia Online AS (SOL) to the company’s part-owner, Aller Media AS. SOL is an internet portal that operates the sol.no start page and the kvasir.no web search service. For 2013 Eniro’s revenue from SOL amounted to approximately SEK 30 M and EBITDA to approximately SEK 5 M. Aller Media AS will pay total consideration of approximately SEK 50 M for Eniro’s 50.1% ownership in the company. Consideration will be paid in cash in connection with the transfer of the business at the end of March 2014. “The divestment of Scandinavia Online AS represents a continuation of our efforts to refine and concentrate our business to digital, local search,” comments Johan Lindgren, President and CEO of Eniro. “Consolidation of the brand portfolio will contribute to more effective allocation of Eniro’s investment resources to the Company’s growth areas.” For more information, please contact: Johan Lindgren, President and CEO, Tel +46 8 553 310 01 Cecilia Lannebo, Head of Investor Relations, Tel: +46 722 208 277, email: 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 publication at 08.00 CET on March 28, 2014. Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. This creates great business opportunities for us as the local search company. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going. Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 2,800 employees and has been listed on NASDAQ OMX Stockholm since 2000. During 2013, Eniro’s revenues amounted to SEK 3,660 M and EBITDA was SEK 849 M. More than 80 percent of Eniro’s advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com. Eniro – Discover local. Search local.
Eniro refines operations, divests Scandinavia Online AS In
Top 10 Most Recent News Articles
Thryfter Unleashes Livestream Magic at Goodwill Event
A Dynamic Shift in Thrift Shopping All eyes might be on Thryfter this November as they drop some serious retail knowledge at the Goodwill CONNECT Conference in Houston. We’re talking about a tech shake-up for Goodwill’s model, thanks to Thryfter's livestream shopping craze that’s poised to weld traditional thrifting with digital reach. The Power of Virtual Thrift...
Continue Reading
CoffeeBarista.com Launches Amid High U.S. Coffee Craze
Fresh Grounds: CoffeeBarista.com Enters the Brewing Scene Alright, folks, let's cut to the chase. Digital Information Resources, the tech whiz that's been accumulating niche online properties like they're baseball cards, decided it's time to dive headfirst into the caffeinated waters with CoffeeBarista.com. Fancy name for a platform dedicated to everything bean juice,...
Continue Reading
Soligenix Holds Steady Amidst Shifting Financial Landscape
Stepping into Soligenix's News Every time Soligenix pops up on the radar, it feels like we're watching a biopharma soap opera. This time, they're juggling updates and quarterly numbers that scream both promise and peril. The New Jersey-based company, known for its focus on niche markets with unmet medical needs, tossed out some shiny clinical developments alongside a...
Continue Reading
Real Estate Sage: Tad Barber's Tips on Selling Your Home
Kicking Off the 2027 Home Selling Game Plan Let me tell you, the real estate world isn't for the faint-hearted. It’s a realm where a solid game plan makes a world of difference, especially when you're thinking about selling your home in 2027. In Aiken, South Carolina, it seems the local know-it-all Tad Barber has teamed up with HelloNation to throw down some insight on...
Continue Reading
Smart City Expo 2026: Urban Solutions Take Center Stage
Urban Solutions: More Than Just Tech Buzzwords In the bustling city of Barcelona, the Smart City Expo World Congress (SCEWC) 2026 wrapped up with a throng of experts and urban innovators declaring the undeniable impact of smart city initiatives. More than just a glitzy showcase, this event was a deep dive into practical solutions for today's urban headaches like...
Continue Reading
Freddy's Rolls Out Value Menu in Test Markets
Freddy's Value Experiment Spices Up the Fast-Food Game Wichita’s own Freddy's Frozen Custard & Steakburgers is stepping into the ring with a fresh strategy: an Everyday Value Menu. It’s quite the play, and it’s only going down in select markets. I gotta admit, the move is intriguing. These guys are taking a calculated shot, testing the waters in Arizona, Colorado,...
Continue Reading
Alley Cat Allies Sues Lincolnton Over Cat Shooting
Legal Battle Over a Cat's Tragic End Picture the scene: a peaceful neighborhood in Lincolnton, Georgia, where the serenity was ripped apart by the shocking shooting of Piper the cat. This isn't some playground scuffle, my friends. Alley Cat Allies has taken this tragedy to the courts, filing a lawsuit against the city and its mayor. What's at stake here isn't just legal...
Continue Reading
Research Solutions Set to Reveal Q1 FY27 Results
Understanding the Stakes Ahead of RSSS's Earnings Call Aw, the sweet suspense of earnings season. Research Solutions, Inc. (NASDAQ: RSSS) has circled November 12, 2026, as the date to let investors in on its numbers for the first quarter of fiscal year 2027. A date that's gotta have the folks over at RSSS feeling like it’s judgment day. You know how it goes—market...
Continue Reading
Upright Proton Therapy: New Era for Cancer Care
BayCare's Bold Step into Upright Proton Therapy Here's a twist for you—BayCare Health System has rolled out something that's genuinely pushing the envelope in cancer treatment. They've treated their first patient with an upright proton therapy system. Now, talk about innovation that shakes things up. This isn't just any old upgrade; it's a complete revamp of how proton...
Continue Reading
OncoC4's Cesalatamig: Promising Results in NSCLC Trials
Hope in Persistence: Cesalatamig in the Spotlight Swinging through the medical landscape like a seasoned fighter, OncoC4's recent revelations at the SITC 2026 give investors and doctors a reason to pay close attention. We're sizing up their investigational drug, cesalatamig, which flaunts a solid objective response rate of 33% among non-small cell lung cancer (NSCLC)...
Continue ReadingTop 5 Most Recently Viewed Articles
Stable Business Inventory Data Reflects Consumer Confidence
Understanding Recent Business Inventory Trends The latest update on Business Inventories has provided valuable insights into the current economic landscape. This crucial economic indicator measures the change in value of the unsold goods held by various sectors, including manufacturers, wholesalers, and retailers. Recently, the data indicated a stable figure of 0.3%,...
Continue Reading
Standard BioTools' Financial Announcement: What Investors Should Know
Standard BioTools Announces Upcoming Financial Results Standard BioTools Inc. (NASDAQ: LAB) has officially announced that it will release its third quarter 2025 financial results on a designated date in November 2025, right after the U.S. market closes. This information is pivotal for investors as they evaluate the company's financial health and future prospects. About...
Continue Reading
Collins Aerospace Enhances Thai Airways with Advanced Systems
Collins Aerospace Implements Advanced Services for Thai Airways Collins Aerospace, as part of RTX (NYSE: RTX), is revolutionizing the way Thai Airways operates its fleet of A321neo aircraft by actively deploying its flight operations and maintenance exchanger (FOMAX) system. This cutting-edge system is integrated into Collins' GlobalConnect managed services program, which...
Continue Reading
Market Sentiment Shift as Short Interest Falls for AVGO
Diving into Broadcom’s Changing Landscape Nothing like a fresh drop in short interest to stir the pot in Broadcom Inc's corner. The recent numbers show a solid 6.43% dip in short interest since the last report, landing at about 54.20 million shares sold short. That’s a hair over 1.31% of all shares up for grabs. And if you're wondering how long the bears need to cover...
Continue Reading
Inception Growth Acquisition Limited Enhances Trust Account for Future Growth
Inception Growth Acquisition Limited Enhances Trust Account Inception Growth Acquisition Limited (NASDAQ: IGTA) has recently made a significant move to ensure its future business operations are smooth and well-prepared. The company took a vital step by depositing $13,249.65 into its trust account on July 7, 2025. This strategic decision will allow the company to extend...
Continue Reading