Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q4 2016 Earnings Presentation
14 slides from Modern Times Group Mtg Ab Class A's earnings presentation, 2017
Slide 1: Q4 2016 Financial Results
Slide 2: Managing the transformation into a leading digital video 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: Delivered on objective to accelerate sales growth and increase profits
Delivered on objective to accelerate sales growth and increase profits Sales up 5% on an organic basis and digital sales almost doubled Profits up 6% despite FX headwind, significant investments in content and digital expansion and divestment of profitable businesses A number of very important strat
Slide 4: Record Q4 sales & 8% organic growth, highest in >5 years
Record Q4 sales & 8% organic growth, highest in >5 years 28% profit growth despite investments into content and digital expansion and divestments of profitable businesses. Profits included a SEK 10m capital loss relating to the divestment of FTV business in Ghana This was possible because of the com
Slide 5: Sales & EBIT by division
Sales & EBIT by division Sales (SEKm) EBIT (SEKm) 5,200 panenn-nnn nnn n eee n nnn nn nec ncn cee G5Q pon nn enone nnn ene n nnn n nec n ec en cc ene ee 5,019 600 5,000 +}---------------=----------2- i -- 550 4,800 +-------- JI --------------------------- 500 + en 450 eo) [ohh ee noee BOO nnn nn nnn
Slide 6: Nordic Entertainment
Nordic Entertainment Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 9% driven by: BB00 pono m nnn nnn nnn SEQ omnes secre - Viaplay (subs and price) - New distribution deals in Sweden - Healthy growth in both FTV & Radio a =| 500 EBIT up significantly . 2,500 +------N ------------- RE ----
Slide 7: International Entertainment
International Entertainment Key highlights Organic sales up 8% driven by: - Positive growth in all FTV ops with Bulgaria as the stand-out performer Highest quarterly profit ever: - Strong performance in all FTV ops - YoY comparison hampered by 10m capital loss (Ghana) and divested businesses, which
Slide 8: MTG Studios
MTG Studios Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 8% driven by: ele BO Pore - Strong demand in drama and branded entertainment genre - Helped by positive timing differences BO -preennnscnnnn sen nnnccnnnce ee nnnennnnnnnnnnce between Q3 and Q4 i 86h QO ponnnennnnneccccnns cence EB
Slide 9: Key highlights
Key highlights Sales up at constant FX - Growth affected by timing of key esports events and advertising price pressure for Zoomin Higher EBIT loss: - Primarily reflecting accelerated investments into esports - SEK 95m goodwill charge related to Zoomin, offset by a corresponding reduction in the opt
Slide 10: Sales & EBIT by type
Sales & EBIT by type Sales (SEKm) 5,500 ~~ ---- == nnn nn 5,019 5,000 + = i 4,500 fnew nnn e nee eee eee eee 4,000 | 0 ---- =n nee eee eee 3,500 : : : AD ‘ o <A of ow ¢h oo ot ant 650 600 550 500 450 400 350 300 250 200 EBIT (SEKm) 10
Slide 11: Cost transformation update
Cost transformation update * On track & according to plan with total Cost transformation (SEKm) estimated savings of ~SEK 600m fully impacting in 2017 TOO Donne 0 es ° Savings of ~SEK 140m in Q4 & ~SEK 450m for FY16 with incremental savings of ~SEK 100m i | a 86=|6—aal anticipated for FY17 400 | 300
Slide 12: Net debt to 12m trailing EBITDA
o re) bs) oO > ® ol Net debt to 12m trailing EBITDA before |[AC Net debt (SEKm) a4"6 Q3 16 Q2"16 Q116 Q415 Q3 15 Q215 ais a4 Q314 Q214 Qin 12
Slide 13: Delivered on FY16 objective of accelerated sales growth and higher profits
Delivered on FY16 objective of accelerated sales growth and higher profits 8% organic sales growth in Q4, highest in >5 years 28% profit growth despite investments into content and digital expansion and divestments of profitable businesses A number of very important strategic decisions Y Launch of V
Slide 14: es ope
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Modern Times Group MTG — Q4 2016 Earnings Presentation on 6ix