Modern Times Group MTG AB (publ) (MTG_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thank you for joining us. Today, we have a slightly expanded agenda for you. We will start with a normal Q1 presentation and Q&A hosted by our CEO, Maria Redin, and our CFO, Nick Hopkins. After this, the CEO of our mid-core district, Oliver Bullos, will join us on the stream to share an update and answer your questions on the progress of our AI adoption in the mid-core district. We're also, of course, making really great, exciting strides in our casual district, even though we will not focus on that today. When it's time to the Q&A, please use the online form if you want to add questions to the live stream or follow the instructions from the operator if you are dialing in by phone. I will now hand over to Maria. Maria, please go ahead. Thank you, Anton. And hello, everyone. We've had a great but also intense start of 2026. And there are three things in particular that I'm proud of. The first one is a fantastic set of financial results in Q1, with a record quarter characterized by strong growth, healthy margins and high cash generation. The second is the progress that we made across our key group-wide strategic priorities, namely our rapid pace of AI adaptation and the continued strong increase in contribution from direct-to-consumer revenues. The third is implementation of our new operating model with two gaming districts. In our mid-core district, we continue to make great progress in the evolution of our shared services and platform. Whilst in our cashier district, you may have seen that on the 23rd of April, we filed the draft red herring prospectus for Play Simple, which is a key milestone on the path of a potential listing in the second half of 2026. And achieving all of this at the same time is a strong testament to the strength of o...