Adevinta (ASA) publishes its 2023 Annual Report

Adevinta (ASA) publishes its 2023 Annual Report

Issuer

Adevinta ASA

Oslo, 26 April 2024 - Adevinta ASA today released its 2023 Annual Report,
available here (https://adevinta.com/wp-content/uploads/2024/04/Adevinta-AR-
2023.pdf). A printed copy may be obtained free of charge upon written request
to: [email protected].

Reflecting on 2023, Antoine Jouteau, CEO, said:

"Over the past year, we have made significant progress on redesigning our
operating model, verticalising our organisation in line with our Growing At
Scale strategy and successfully completing our portfolio optimisation. We have
achieved strong financial and operational performance in 2023 and continued to
deliver against our targets, despite the tough macroeconomic environment.

Following the divestment of our Hungarian classifieds business, our portfolio is
now centred around our core European markets of France, Germany, Spain, Italy
and Benelux, complemented by Canada and our joint ventures. We are delivering
significant growth in our Mobility, Re-Commerce and Real Estate & Emerging
verticals, substantiating our focus in these areas.

By putting technology and product at the heart of the company, we are making it
easier for people to change the way they buy and sell goods online. We want to
make second-hand the first choice for our users, creating a ripple effect to
shift broader consumption habits. We're investing in propositions, partnerships
and technology that support seamless trading experiences. As we progress on our
Product and Tech convergence, while remaining focused on delivering operational
excellence and financial discipline, our approach is starting to deliver
tangible and promising results.

We aim to help our users to consume more responsibly by reusing, rather than
adding to landfill. Our platforms contribute to a part of the circular economy
and a more sustainable society, empowering people to make informed choices and
reshaping the market for
second-hand consumer goods, mobility, real estate and jobs.

Behind all these initiatives, we champion our own people. They define who we are
and are key to our success. Adevinta is built on diverse communities, and we
take pride in fostering an inclusive culture and environment. I want to thank
each and every one of our employees for their contribution to Adevinta's success
in 2023."

-end-

About Adevinta

Adevinta is a leading online classifieds group and champion for sustainable
commerce with a focus on Europe.
Our portfolio of 25+ digital marketplaces spans consumer goods, mobility, real
estate, holiday rentals and jobs. Every month, our industry-leading technology
enables more than 120 million people and over a million businesses across Europe
to connect and trade. Loved local brands include leboncoin in France; mobile.de
and Kleinanzeigen in Germany; Fotocasa and InfoJobs in Spain, Subito in Italy;
Marktplaats in the Netherlands and the Canadian marketplace Kijiji. Our
international team of diverse individuals are united in their purpose to make a
positive impact on the environment, the economy and society every single day.
Adevinta - Changing commerce together.

To find out more, visit Adevinta.com.

***
IR contacts
Marie de Scorbiac
VP Investor Relations, Corporate Affairs, Group FP&A, Sustainability
+33 6 14 65 77 40
[email protected]

Anne-Sophie Jugean
Investor Relations Senior Manager
+33 6 74 19 22 81
[email protected]

Media contact
Mireia Català
Corporate Communications
[email protected]

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

616971_adevintaasa_2023_12_31_en.zip
616971_Adevinta AR 2023.pdf