MTG announced Q1 16 revenues up 5.1% at CER and +3.3% organically, reaching SEK3,826m (+3.4% on a reported basis). Operating income improved by SEK17m to SEK159m, before non-recurring items (SEK0 versus SEK77m), i.e. an operating margin up by 40bp to 4.2%. Net income from continuing operations was SEK119m (versus SEK164m) and a basic EPS of SEK1.59 (versus SEK2.61). Cash flow from continuing operations was lower than over the same period last year at SEK75m (from SEK111m), namely affected by

26 Apr 2016
On track for sales growth acceleration and operating profit improvement

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
On track for sales growth acceleration and operating profit improvement
Modern Times Group MTG AB Class B (MRTA:FRA) | 0 0 2.0% | Mkt Cap: 25,262m
- Published:
26 Apr 2016 -
Author:
Véronique Cabioc'h -
Pages:
3 -
MTG announced Q1 16 revenues up 5.1% at CER and +3.3% organically, reaching SEK3,826m (+3.4% on a reported basis). Operating income improved by SEK17m to SEK159m, before non-recurring items (SEK0 versus SEK77m), i.e. an operating margin up by 40bp to 4.2%. Net income from continuing operations was SEK119m (versus SEK164m) and a basic EPS of SEK1.59 (versus SEK2.61). Cash flow from continuing operations was lower than over the same period last year at SEK75m (from SEK111m), namely affected by