MTG produced lower Q2 16 revenue organic growth than in Q1 16, at +2.1% after +3.3%, although not preventing it from showing a satisfactory H1 16 performance of +2.7% compared to +0.3% in H1 15 and +0.7% for FY15. For the first 6 months, consolidated revenues reached SEK8,154m, up SEK299m. Before non-recurring items (SEK0 versus SEK77m), H1 16 operating income improved by SEK38m to SEK632m, i.e. an operating margin up by only 18bp to 7.7% (was flat at 10.9% in Q2) after the ongoing adverse im

14 Sep 2016
Pursuing its strategy to become a leading digital entertainment group
Modern Times Group MTG AB Class B (MRTA:FRA) | 0 0 2.0% | Mkt Cap: 25,262m
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Véronique Cabioc'h
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3 pages
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Pursuing its strategy to become a leading digital entertainment group
Modern Times Group MTG AB Class B (MRTA:FRA) | 0 0 2.0% | Mkt Cap: 25,262m
- Published:
14 Sep 2016 -
Author:
Véronique Cabioc'h -
Pages:
3 -
MTG produced lower Q2 16 revenue organic growth than in Q1 16, at +2.1% after +3.3%, although not preventing it from showing a satisfactory H1 16 performance of +2.7% compared to +0.3% in H1 15 and +0.7% for FY15. For the first 6 months, consolidated revenues reached SEK8,154m, up SEK299m. Before non-recurring items (SEK0 versus SEK77m), H1 16 operating income improved by SEK38m to SEK632m, i.e. an operating margin up by only 18bp to 7.7% (was flat at 10.9% in Q2) after the ongoing adverse im