Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q1 2015 Earnings Presentation
9 slides from Modern Times Group Mtg Ab Class A's earnings presentation, 2015
Slide 1: Q1 2015 Financial Results
Q1 2015 Financial Results
Slide 2: Q1 2015 Highlights
• Sales up 1% at constant FX & 1% organic • EBIT (excl. associates) up to SEK 142m (118) incl. SEK 24m net positive effect of Swedish Q1 2015 restructuring and copyrights settlement & despite significant FX headwinds Highlights • Healthy cash flow generation & strong balance sheet (net debt to EBITD
Slide 3: Group: Record sales & ongoing transformation
Group: Record sales & ongoing transformation Organic sales growth (y-o-y) EBIT (SEKm) and EBIT margin (%) 5 000 7 500 15 4 500 450 6 4 000 400 3 500 5 350 10 3 000 4 300 2 500 250 2 000 3 200 1 500 150 5 2 1 000 100 1 500 50 0 0 0 0 2013 2013 2013 2014 2014 2014 2014 2015 2013 2013 2013 2014 2014 20
Slide 4: FTV Scandi: sales down but stable profits
FTV Scandi: sales down but stable profits Sales down 8% at constant FX Sales up in No and Dk but down in Se 26% of Group sales 2015 2014 (following last year’s boost from the Olympics) Jan-Mar Jan-Mar Sales (SEKm) 979 1,034 TV ad market trends (estimated): Dk stable, Growth (at constant FX) -8% 4% N
Slide 5: PTV Nordic: sales up with higher profits
PTV Nordic: sales up with higher profits Sales up 4% at constant FX 39% of Group sales 2015 2014 Viaplay continues to be the principal growth Jan-Mar Jan-Mar driver Sales (SEKm) 1,486 1,404 Growth (at constant FX) 4% 7% Viasat subscriber trends continued EBIT (SEKm) 178 155 Growth in the third party
Slide 6: FTV EM: sales up with reduced losses
FTV EM: sales up with reduced losses Sales up 9% at constant FX Healthy sales growth in all but one of eight 15% of Group sales 2015 2014 markets Jan-Mar Jan-Mar Sales (SEKm) 581 504 AVOD sales up 51% Growth (at constant FX) 9% -2% EBIT (SEKm) -6 -25 Reduced losses EBIT margin -1.1% -4.9% OpEx up dr
Slide 7: PTV EM: sales growth with profits impacted by FX
PTV EM: sales growth with profits impacted by FX Sales up 22% at constant FX 8% of Group sales 2015 2014 Driven by the consolidation of Trace Jan-Mar Jan-Mar Organic sales up 2% as healthy growth in the Sales (SEKm) 293 266 channels business offset lower sales in Ukraine Growth (at constant FX) 22%
Slide 8: Nice, MTGx, MTG Radio: sales down but losses reduced
Nice, MTGx, MTG Radio: sales down but losses reduced Sales down at constant FX 13% of Group sales 2015 2014 Double digit Radio sales growth offset by Jan-Mar Jan-Mar lower revenues for Nice due to tough comps Sales (SEKm) 493 483 Lower losses Growth (at constant FX) -1% 105% OpEx down due to lower p
Slide 9: MTG Investor Relations
MTG INVESTOR RELATIONS For further information visit www.mtg.com Tel: +46 (0) 73 699 2714 Email: investors@mtg.com
Modern Times Group MTG — Q1 2015 Earnings Presentation on 6ix