Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q2 2018 Earnings Presentation
12 slides from Modern Times Group Mtg Ab Class A's earnings presentation, July 2018
Slide 1: Q2 2018 Financial Results
Slide 2: Delayed process but still committed to split MTG into two listed companies
Delayed process but still committed to split MTG into two listed companies NI A nordic entertainment group = A pure play in digital entertainment = Nordics leading entertainment provider = Comprising esports (ESL & DreamHack), online = Comprising Nordic Entertainment, MTG Studios and gaming (InnoGam
Slide 3: Q2 2018 in Summary
Q2 2018 INSUMMARY ° 9% organic sales growth & 12% profit growth despite being burdened by SEK 32m of transaction costs °* Q2 marks the 8h consecutive quarter with at least 5% organic growth ° Digital sales up 76% and accounted for 36% of Group sales ° Committed to split MTG into two listed companies
Slide 4: Sales & EBIT by Segment
SALES & EBIT BY SEGMENT Sales (SEKm) 5 500 5 000 4500 po} | 5010 4000 +- 4246 3500 T , T T T 1 Q2'17 NE IE Studios MTGx Central Q218 ops. & Elim. Sales and EBIT refer to continuing operations 500 450 400 350 300 250 200 EBIT before IAC (SEKm) yy 391 ~ Q217 NE IE Studios MTGx Central Q218 ops. & Elim
Slide 5: Nordic Entertainment
NORDIC ENTERTAINMENT Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 7% ° Solid growth in both sub-segments despite difficult comps and FIFA World Cup on rival channels ° FTV & Radio boosted by Viafree, Swedish Radio and the Ice Hockey World Championship PTV growth driven by Viaplay and spo
Slide 6: MTG Studios
MTG STUDIOS Key highlights Organic sales down 13% ° Sales down due to lower events sales and timing differences in the production schedule for scripted drama The underlying demand for scripted drama remains strong and the pipeline looks promising Creation of a powerhouse in branded entertainment by
Slide 7: International Entertainment
INTERNATIONAL ENTERTAINMENT Key highlights Sales (SEKm) EBIT (SEKm) Organic sales up 7% and EBIT up 44% 400 ------------------------------------ 80 ----------------------------------- ° Continued healthy growth in Nova (Bulgaria) * Closed divestment of Trace. 300 +--- _-- Deconsolidated from 1 of Ma
Slide 8: MTGx
MTGx Key highlights Sales (SEKm) EBITDA (SEKm) Organic sales up 25% 1000 7--------------------s555o oon. 40 -+---------------------------------- ° Esport sales up 44% fuelled by over 60% growth in ESL’s owned & operated events as well as in DreamHack ae |, --- ° Online Gaming sales up c. 10% on a pr
Slide 9: Sales & EBIT by Type
5 500 5 000 4500 4000 3500 3000 SALES & EBIT BY TYPE Sales (SEKm) EBIT before IAC (SEKm) 400 4 - 5010 - 439 300 +- 39, - 200 Q217 Organic FX Acquisitions Divestments Q218 Q217 Organic Acquisitions Divestments Q2"18 For continuing operations. Organic EBIT includes FX translation & transaction effects
Slide 10: Leverage
LEVERAGE Net debt (SEKm) Net debt to 12m trailing EBITDA before [AC BO pm eens yp 2,0 1,5 1,0 Oe 0,0 T T T T T Q416 Qari? Q2'17 Q317 Qa Qr18 Q218 Q416 Qr?7 Q217 Q317 Qa Qr18 Q2718 10
Slide 11: Summary
SUMMARY ° 9% organic sales growth & 12% profit growth despite being burdened by SEK 32m of transaction costs °* Q2 marks the 8h consecutive quarter with at least 5% organic growth ° Digital sales up 76% and accounted for 36% of Group sales ° Committed to split MTG into two listed companies, but proc
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Modern Times Group MTG — Q2 2018 Earnings Presentation on 6ix