Schibsted ASA (GB:0MHM) has released an update.
Scope Ratings GmbH has affirmed Schibsted ASA’s issuer rating at BBB while upgrading the outlook from Stable to Positive. This reflects an anticipated improvement in credit metrics following the company’s strategic reorganization, which includes divesting its news media operations and selling part of its Adevinta shares to reduce debt.
For further insights into GB:0MHM stock, check out TipRanks’ Stock Analysis page.
