Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q1 2017 Earnings Presentation
13 slides from Modern Times Group Mtg Ab Class A's earnings presentation, 2017
Slide 1: Q1 2017 Financial Results
Slide 2: Managing the transformation into a leading digital entertainment provider
Managing the Into a leading transformation digital video of a traditional entertainment broadcaster provider : A clear and simple story iA DS OS rE
Slide 3: Record Q1 sales & 8% organic growth
Record Q1 sales & 8% organic growth 15% profit growth despite investments into content and digital expansion This was possible because of the combination of organic growth and cost transformation savings Strategic transformation has continued Y Announced the divestment of the Czech and Baltic operat
Slide 4: Sales & EBIT by division
Sales & EBIT by division Sales (SEKm) EBIT (SEKm) 4,300 p------------ 22-2222 oon eee nner ne ener: i — ee oe | = CC ceeee: innhennen ee nacneeeeneernens . 150. pn nen enc eccnc eee e cence cece eee ee cece 3,826 $00 fo wn n nen en ne nen nee eee nce ee reece BOO fo nen enn ene enn ne rec enc eee ec
Slide 5: Nordic Entertainment
Nordic Entertainment Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 11% driven by B,SOO -pan-nnnnnn nnn BBO pene - Viaplay (subs and price) - New distribution deals in Sweden Pete - Higher growth in all FTV businesses Ne driven by price and Viafree ee EBIT up 22% 2,500 | ------ ———-—-—-—-—
Slide 6: International Entertainment
International Entertainment Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 4% 1,000 pomommm nnn nner nn nnns i - 7% organic growth in the FTV businesses BOO banana - Bulgaria continues to be the stand- I out performer Cr EBIT up 82% an - Driven by solid top-line growth and 400 1 om continu
Slide 7: MTG Studios
MTG Studios Key highlights Sales (SEKm) EBIT (SEKm) Organic sales down 5% driven by 400 - Solid demand in scripted drama but Q1 impacted by timing differences in 300 5 |. the production schedules 7 E.—lc lr . - Slowdown in the non-scripted production market lc 6) a 6 EBIT loss up slightly - Due to t
Slide 8: MTGx Key highlights
Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 24% BBO Tornoe ° - Driven by a 37% LFL growth in Turtle ee - Reported growth impacted by the way -20 + prize money is presented 250 | -------eeeeeea | Higher EBIT loss a a 66 “0 - Primarily reflecting accelerated aa 6o 4 investments into espor
Slide 9: Sales & EBIT by type
4,500 4,300 4,100 3,900 3,700 3,500 Sales & EBIT by type Sales (SEKm) * Net FX impact (translation + transaction) 200 180 160 140 120 100 EBIT (SEKm) 183 oe J ae xe ‘ os ct & 3° om ot oe
Slide 10: Cost transformation update
Cost transformation update . , Cost transformation (SEKm) On track & according to plan with total estimated savings of ~SEK 600m fully impacting in 2017 Incremental savings of ~SEK 25m in Q1, taking the run-rate to SEK 525m Cash flow impact from restructuring of ~SEK 20m in Q1, taking the total so f
Slide 11: Leverage
Leverage Net debt (SEKm) Net debt to 12m trailing EBITDA before IAC Ct oe 7 ee 1.0 + 0.5 + , 0.0 3) a : a Sh ZO O10 LLL Sz SL 2d Sh vO OL LO OL. ZO 9.29 1.70 yivata) nl
Slide 12: Record Q1 sales & 8% organic growth
Record Q1 sales & 8% organic growth 15% profit growth despite investments into content and digital expansion This was possible because of the combination of organic growth and cost transformation savings Strategic transformation has continued Y Announced the divestment of the Czech and Baltic operat
Slide 13: es ope
es ope ie 13
Modern Times Group MTG — Q1 2017 Earnings Presentation on 6ix