Economia
Kinnevik: Avito trading statement third quarter
Avito owns and operates Russia's largest online classifieds site, Avito.ru, and reports unaudited results and key performance indicators for the third quarter 2014. During the third quarter 2014, all revenues were generated from the Avito.ru website.
Key performance indicators of the third quarter, 2014:
Key performance indicators for the nine months ended 30 September 2014:
Avito provides no guidance on future performance.
Use of non-GAAP financial measures
Adjusted EBITDA means net profit plus (1) depreciation and amortization expenses, (2) share-based compensation expense, (3) income tax expense less (A) finance income and expenses.
Non-audited IFRS data.
Russian ruble amount has been translated into U.S. dollars at a rate of RUR 39.3866 to $1.00, the official exchange rate quoted as of September 30, 2014 by the Central Bank of the Russian Federation.
Source: Live Internet and the Company.
Source: TNS Russia, desktop only.
The information is of such character, which Kinnevik shall disclose in accordance with the law on Trading with Financial Instruments (1991:980) and/or the Securities Market Act (2007:528). The information was distributed for disclosure at 8.00 a.m. on 9 December 2014.
For further information, visit www.kinnevik.se or contact:
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http://hugin.info/1114/R/1878341/662140.pdf
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
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