Index
Adevinta at a glance 1
About Adevinta 2
Global presence 4
Our Brands 6
Message from the CEO 8
Board of Directors 12
Board of Directors of Adevinta ASA 14
Growing at Scale 16
Sustainability Report 26 Strengthening Adevinta's
sustainability impact 28
Building our ESG strategy on three themes 30
Our Initial ESG roadmap 32
Materiality Assessment 34 Adevinta recognised as a sustainability
leader in DJSI Europe 37
Environment 38
Social 40
Governance 48
About this report 54
GRI content index 56
Corporate Governance 60
Statement of Corporate Governance 62
Financial Statements 72
Consolidated income statement 74 Consolidated statement of
comprehensive income 75 Consolidated statement of
financial position 76
Consolidated statement of cash flows 78
Consolidated statement of changes in equity 79
Notes to the consolidated financial statements 80
Income statement 172
Statement of financial position 173
Statement of cash flows 174
Notes to the parent company
financial statements 175
Independent Auditor's report 192
Share information 198
OUR STRATEGY
With trusted brands that enjoy leading market positions, Adevinta operates a resilient business model at the centre of the second-hand economy at a time when consumers are seeking more sustainable and cost-efficient ways of buying products. In line with its new "Growing at Scale" strategy, Adevinta is focusing on five core markets (Germany, France, Spain, Benelux and Italy) and concentrating on its Motors and Real Estate verticals while continuing to build a fully transactional online experience to expand into a growing online commerce market. To ensure the Group remains at the forefront of the digital economy, Adevinta is investing in new products and technology and believes this is its best long- term differentiator.
Adevinta at a glance
We are a leading online classifieds specialist, operating digital marketplaces in 15 countries. We provide digital services to connect buyers with sellers and facilitate transactions, from real estate to cars, consumer goods and more. Our portfolio spans more than 40 digital brands, attracting approximately three billion average monthly visits. Leading digital assets include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, Fotocasa and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX Brasil.
ADEVINTA AT A GGLLAANCCEE
In 2021, Adevinta completed its acquisition of eBay Classifieds Group and today employs around 8,100* people committed to supporting users and customers daily. Adevinta is a sustainability leader within the Dow Jones Sustainability Index (DJSI) Europe.
* Including JVs and CWs
REVENUE¹
€1,521m
2020: €1,382m
EBITDA¹
€514m
2020: €467m
¹ Continuing operations, excluding disposals. In order to facilitate comparability, numbers are presented on a combined basis, reflecting the results of Adevinta as if the eBay Classifieds Group (acquired on 25 June 2021) had been part of the combined Group since 1 January 2020
2 Adevinta Annual Report 2021
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Disclaimer
Adevinta ASA published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 18:22:08 UTC.