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ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

Volume trend continues; Neutral

Volume trend largely in-line with last quarters. Overall neutral. Q3 outlook reiterated; Blocket migration “on plan.

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

Better again

EBITDA +10% vs cons on lower opex

ABGSC Media Research ... (+2)
  • ABGSC Media Research
  • Petter Nystrøm

Pricing power in action

Disclosed prices for new Mobility packages: SWE up 20–65%

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

The run begins; Mobile IPO next

Mobile.de IPO speculated mid-’26 at EUR 10bn (NOK 73/Vend share

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

Softer volumes, neg

"New" today: Volumes still soft, Q3 EBITDA down 2.5%. "Old": We still argue cons cost estm for Q3 is too high.

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

FINN RE: Boosting upgrade incentives

FiNN Real Estate '26 prices to lift sales +15 yoy. Price hikes match est.; upside if package upgrade

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

13% better and solid outlook

EBITDA +13% vs cons on better sales and lower opex. Pos outlook: ARPA momentum, lower cost and confident in targets

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

Natural pre-silent script

Outlook comments reiterated - cost could surprise. Volumes: Mobility soft, Real Estate promising

ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm

Saying it, doing it, paying it

Delivering as promised - up to NOK 5.5bn back to shareholders

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