Adevinta : Q2 2021 trading update slightly better than expected and disposal by eBay of 10% of capital to private equity fund
>Q2 2021 slightly higher than forecast - Adevinta this morning issued a trading update on its Q2 2021 results. The numbers are slightly better than expected. Sales came to € 193m, with an organic increase of 36% y-o-y (favourable comparison base in Q2 2020 at -15% y-o-y), beating the consensus of € 187m. By segment, classifieds revenues came to € 177m (with € 11m in transactional revenues vs € 10m in Q1 2021 and € 4m in Q2 2020), or growth of 39% y-o-y, while ad reve...
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