The document provides financial results for Modern Times Group for Q3 2011. Key points include:
- Sales were up 4% year-over-year for Q3 and up 3% year-over-year for the first nine months of 2011.
- EBIT before associated company income was up 6% for Q3 and up 7% for the first nine months.
- Operating margins increased from 11% to 12% for Q3 and remained stable at 14% for the first nine months.
Modern Times Group reported financial results for the second quarter of 2011. Sales increased 9% year-over-year at constant foreign exchange rates to SEK 3.531 billion. Operating expenses also increased 9% year-over-year at constant FX to SEK 2.938 billion. EBIT before associated company income was a record SEK 593 million, with an operating margin of 17%.
Modern Times Group reported financial results for Q4 and full year 2010. In Q4, sales increased 12% to SEK 3.6 billion and operating income rose 14% to SEK 653 million. For the full year, sales grew 12% to SEK 13.1 billion and operating income increased 27% to SEK 1.9 billion. The company saw growth in both its free-TV Scandinavia and pay-TV Nordic segments.
Modern Times Group (MTG) reported its financial results for the second quarter of 2012. Revenue was stable year-over-year at both constant and reported exchange rates. Operating expenses grew 1% year-over-year at constant exchange rates. Net income for the quarter was SEK 454 million, down compared to SEK 479 million in the second quarter of 2011. For the first half of the year, revenue increased 2% at constant exchange rates while operating expenses grew 4% due to investments in programming. Net income for the first six months of 2012 was SEK 908 million.
Modern Times Group reported first quarter 2012 financial results. Sales increased 4% year-over-year to SEK 3,259 million. Operating expenses also increased 8% to SEK 2,919 million. EBIT before associated company income was SEK 341 million, down from SEK 432 million in the first quarter of 2011. Net income for the quarter was SEK 454 million.
Modern Times Group reported record quarterly results for Q3 2010 with sales growth of 17% year-over-year at constant exchange rates. Operating income increased 50% excluding associated companies, driven by growth across all business segments. An extraordinary general meeting will be held on October 21 to vote on the proposed demerger and listing of the CDON Group e-commerce business. Overall, Modern Times Group saw increased revenues and profits in Q3 2010 compared to the previous year.
Modern Times Group reported financial results for Q1 2011 with the following highlights:
- Sales increased 10% year-over-year to SEK 3,125 million at constant currency rates.
- Operating income grew 15% to SEK 432 million excluding associated income.
- Net income from continuing operations rose 78% to SEK 490 million.
MTG reported financial results for Q1 2013. Key highlights include:
- Sales were up 2% year-over-year at constant FX rates, driven by strong growth in emerging markets.
- EBIT was SEK 454 million including SEK 235 million from associated companies.
- Net income was SEK 334 million, down from SEK 454 million in Q1 2012.
- Cash flow from operations was SEK 267 million including receipt of SEK 58 million in dividends from associated companies.
Modern Times Group reported record quarterly results, with 13% year-over-year sales growth at constant exchange rates in Q2 and 12% growth in H1. All broadcasting businesses saw increased sales and operating income growth. Specifically, Free-TV Scandinavia sales grew 18% in Q2 and operating margin increased to 27% following audience and revenue growth across Sweden, Norway and Denmark. Operating income increased 26% in Q2 and was up 30% in H1, excluding associated company income.
Modern Times Group reported financial results for the second quarter of 2011. Sales increased 9% year-over-year at constant foreign exchange rates to SEK 3.531 billion. Operating expenses also increased 9% year-over-year at constant FX to SEK 2.938 billion. EBIT before associated company income was a record SEK 593 million, with an operating margin of 17%.
Modern Times Group reported financial results for Q4 and full year 2010. In Q4, sales increased 12% to SEK 3.6 billion and operating income rose 14% to SEK 653 million. For the full year, sales grew 12% to SEK 13.1 billion and operating income increased 27% to SEK 1.9 billion. The company saw growth in both its free-TV Scandinavia and pay-TV Nordic segments.
Modern Times Group (MTG) reported its financial results for the second quarter of 2012. Revenue was stable year-over-year at both constant and reported exchange rates. Operating expenses grew 1% year-over-year at constant exchange rates. Net income for the quarter was SEK 454 million, down compared to SEK 479 million in the second quarter of 2011. For the first half of the year, revenue increased 2% at constant exchange rates while operating expenses grew 4% due to investments in programming. Net income for the first six months of 2012 was SEK 908 million.
Modern Times Group reported first quarter 2012 financial results. Sales increased 4% year-over-year to SEK 3,259 million. Operating expenses also increased 8% to SEK 2,919 million. EBIT before associated company income was SEK 341 million, down from SEK 432 million in the first quarter of 2011. Net income for the quarter was SEK 454 million.
Modern Times Group reported record quarterly results for Q3 2010 with sales growth of 17% year-over-year at constant exchange rates. Operating income increased 50% excluding associated companies, driven by growth across all business segments. An extraordinary general meeting will be held on October 21 to vote on the proposed demerger and listing of the CDON Group e-commerce business. Overall, Modern Times Group saw increased revenues and profits in Q3 2010 compared to the previous year.
Modern Times Group reported financial results for Q1 2011 with the following highlights:
- Sales increased 10% year-over-year to SEK 3,125 million at constant currency rates.
- Operating income grew 15% to SEK 432 million excluding associated income.
- Net income from continuing operations rose 78% to SEK 490 million.
MTG reported financial results for Q1 2013. Key highlights include:
- Sales were up 2% year-over-year at constant FX rates, driven by strong growth in emerging markets.
- EBIT was SEK 454 million including SEK 235 million from associated companies.
- Net income was SEK 334 million, down from SEK 454 million in Q1 2012.
- Cash flow from operations was SEK 267 million including receipt of SEK 58 million in dividends from associated companies.
Modern Times Group reported record quarterly results, with 13% year-over-year sales growth at constant exchange rates in Q2 and 12% growth in H1. All broadcasting businesses saw increased sales and operating income growth. Specifically, Free-TV Scandinavia sales grew 18% in Q2 and operating margin increased to 27% following audience and revenue growth across Sweden, Norway and Denmark. Operating income increased 26% in Q2 and was up 30% in H1, excluding associated company income.
Modern Times Group reported record sales and operating profits in Q4 2008 and for the full year. Q4 net sales increased 18% to SEK 3.8 billion and operating income rose 22% to SEK 746 million. For the full year, net sales topped SEK 13 billion for the first time, rising 16%, while underlying operating income increased 28% to SEK 2.6 billion. The company's various business segments like pay-TV Nordic and online saw continued strong growth in sales and profits.
Goodrich Corporation reported fourth quarter 2007 results with the following highlights:
- Sales grew 12% to $1.668 billion compared to fourth quarter 2006, driven by strong commercial aftermarket sales.
- Segment operating income margin increased from 13.0% to 15.9% over the same period.
- Net income per diluted share increased 33% to $1.04, including $0.09 per share related to a settlement.
- For full year 2008, Goodrich expects sales growth of 11-13% to $7.1-7.2 billion and net income per diluted share growth of 10-14% to $4.15-$4.30, reflecting expected increases in commercial aircraft deliver
Yahoo reported its Q4'08 financial results, with revenue of $1.806 billion, down 1% year-over-year. Operating cash flow was negative $60 million compared to $527 million in Q4'07, due to a $488 million goodwill impairment charge related to Yahoo's international segment. Free cash flow was not meaningful compared to $647 million in Q4'07. Non-GAAP net income per share was $0.09 compared to $0.13 in Q4'07, excluding various one-time charges and costs related to strategic initiatives and restructuring activities.
Goodrich Corporation reported strong financial results for the second quarter of 2008. Sales increased 17% to $1.849 billion compared to the second quarter of 2007, driven by double-digit growth across all major market channels. Net income increased 49% to $187 million and net income per share increased 49% to $1.46. The company also increased its full year 2008 outlook for net income per share to between $4.80 to $4.95, representing approximately 27-31% growth over 2007.
- The document reports strong financial results for Q2 2007 including accelerating revenue growth of 30%, strong earnings growth of 40%, and excellent free cash flow generation.
- Key metrics like total revenue, earnings per share, and free cash flow all increased substantially year-over-year.
- Marketplaces revenue and gross merchandise volume both increased in the high teens to low 20s percent range year-over-year for the US and international segments.
- Total registered users of eBay marketplaces increased by approximately 8 million in the quarter and are up 19% year-over-year.
The document summarizes SKF Group's first quarter 2010 results. Key points include strong operating profit and margin compared to the previous year. Production levels and demand outlook increased during the quarter, though sales were negatively impacted by price and mix factors. The company inaugurated two new factories in India and adjusted manufacturing capacity in Sweden. Guidance for Q2 2010 indicated further sales growth compared to Q1 2010 across regions and divisions.
- 2Q07 earnings presentation meeting with investors.
- Gross revenue up 1.6% YoY in 2Q07. Adjusted net income down 25.3% YoY due to lower average prices and higher costs.
- For 1H07, gross revenue up 8.4% YoY and adjusted net income down 5.5% YoY. Volume grew 2.2% while average price increased 6%.
- Guidance for 1H07 was met or exceeded on key metrics like revenue and volume.
- Operational performance has been strong with continued revenue growth although profits impacted by pricing dynamics.
The document summarizes the company's financial results for the third quarter of 2007. It reported 6% revenue growth and 1% growth in operating profit. Earnings per share were up 9%. The company also saw a 13% increase in cash flow. For full-year 2007, the company is projecting mid-single digit growth in internal net sales and low single-digit growth in internal operating profit. It is raising its earnings per share guidance. For 2008, the company expects more sustainable growth.
Axfood reported increased sales and profits for the third quarter of 2011 compared to the same period in 2010. Consolidated sales rose 1.8% to SEK 8,735 million, while operating profit increased 1.6% to SEK 370 million. For the first nine months of 2011, consolidated sales were up 2% to SEK 25,881 million and operating profit grew 4.5% to SEK 928 million. Axfood continued investing in store renovations and conversions during the period and aims to maintain its operating profit for 2011 at least at the same level as in 2010.
The SKF Group reported record levels of operating profit and margins for the second quarter and first half of 2010. Organic sales growth was strong across all divisions, particularly in Asia/Pacific. SKF opened new factories and technical centers around the world. Outlook for the third quarter indicates demand will be significantly higher than 2009 and slightly up from Q2 2010.
- Yahoo reported Q3 2008 revenue of $1.786 billion, a 1% increase year-over-year. Revenue excluding traffic acquisition costs (Revenue ex-TAC) decreased 2% year-over-year to $1.325 billion.
- Operating cash flow (OCF) for Q3 2008 was $410 million, a 12% decrease year-over-year, and included $37 million in costs related to Microsoft proposals and other strategic initiatives.
- Free cash flow (FCF) for Q3 2008 was $231 million, a 52% FCF to OCF ratio, and included a one-time payment from AT&T in the prior quarter.
- Non-GAAP earnings
- Production for Q2 2011 was 8,500 bopd, down from 9,700 bopd in Q1 due to lower output from Congo. Revenue was 542.2 MSEK.
- The Aseng development in EG is ahead of schedule and expected to start production in Q4 2011, adding approximately 3,000 bopd net to PAR.
- In Tunisia, the Didon North satellite field tie-back is on plan with production expected to start in Q4 2011, estimated recoverables of 3 MMbbl net to PAR.
- Exploration successes include a gas discovery at Broder Tuck in Denmark and production tests ongoing in Tunisia.
This document summarizes DeVry's strategic plan to strengthen its core business of providing career-oriented education through investments in areas like technology and faculty, while also diversifying its business across different academic programs, education levels, and geographies. It discusses DeVry's history of growth and financial performance, current challenges around enrollment and earnings declines, and a 5-point plan to improve performance through cost alignment, recruiting enhancements, awareness building, targeted investments, and developing faculty.
Financial Results for the the Fiscal Year Ended March 2016KDDI
The figures included in the following brief, including the business performance target and the target for the number of subscribers are all projected data based on the information currently available to the KDDI Group, and are subject to variable factors such as economic conditions, a competitive environment and the future prospects for newly introduced services.
Accordingly, please be advised that the actual results of business performance or of the number of subscribers may differ substantially from the projections described here.
Modern Times Group reported record first quarter sales with double-digit growth. Sales were up 13% at constant currency rates and 5% on an organic basis. Organic growth was accelerated in Free-TV Scandinavia and Pay-TV Nordic due to Olympics coverage in Sweden. Double-digit organic growth also occurred in Pay-TV EM and content production businesses. Profits grew year-over-year for the first time in two years in Pay-TV Nordic. Overall profitability was impacted by seasonal effects, investments in the Olympics, new channel launches and digital investments. While higher operating margins are expected in Pay-TV Nordic for the full year, expectations for profits in Pay-TV EM were not reiterated due to
Modern Times Group MTG AB is a media company operating across four segments: Free-TV Scandinavia, Pay-TV Nordic, Free-TV Emerging Markets, and Pay-TV Emerging Markets. Over the past decade, MTG has grown its revenues from SEK 8 billion to SEK 14 billion through organic growth and acquisitions. MTG has a balanced revenue mix between advertising sales and subscription revenues. Going forward, MTG aims to continue growing its premium pay-TV subscriber base and capturing new opportunities from technology changes in the media industry.
Modern Times Group reported financial results for Q3 2013 with sales up 9% at constant currency rates across all five business segments. This demonstrated that investments in content, digital expansion, and geographical growth are fueling customer offerings and sales momentum. The company will continue investing to strengthen these areas and drive future growth, such as through upcoming new channels in Norway and Tanzania and coverage of the 2014 Winter Olympics. Acquisitions like Nice Entertainment will also help scale the content production and distribution business. While short-term profitability is impacted, the investments are building the foundation for sustainable long-term growth and cash generation. With continued strong cash flow and low debt, Modern Times Group is well positioned to fund further investment and shareholder returns.
The document is from a 2010 Capital Markets Day presentation by Mikael Olander, CEO of CDON Group, about their internet retailing business. It summarizes that CDON Group has tripled sales in four years through organic growth, new product lines, geographic expansion, and e-commerce acquisitions. Their business model focuses on achieving scale to lower costs and increase customer benefits. They plan to continue aggressive growth through expanding existing brands, geographic roll-outs, and acquiring new brands that can utilize their infrastructure. The Nordic online retail market is large and growing, representing an opportunity for continued fast and profitable growth.
1) CTC Media is a leading independent media company in Russia, operating 4 free-to-air television channels.
2) The presentation provides an overview of the Russian television advertising market and economy, CTC Media's business and strategy, and its outlook for 2010 with a focus on returning to revenue growth.
3) Key strategic objectives for CTC Media include maintaining focus on entertainment programming, growing audience shares of key channels, developing in-house content production, and expanding into new CIS markets.
Modern Times Group (MTG) reported financial results for the first quarter of 2011 that showed record sales and profits. Sales grew 10% year-over-year at constant currency rates. Operating income increased 15% year-over-year excluding associated income. Net income from continuing operations increased 78% year-over-year.
Modern Times Group reported record sales and operating profits in Q4 2008 and for the full year. Q4 net sales increased 18% to SEK 3.8 billion and operating income rose 22% to SEK 746 million. For the full year, net sales topped SEK 13 billion for the first time, rising 16%, while underlying operating income increased 28% to SEK 2.6 billion. The company's various business segments like pay-TV Nordic and online saw continued strong growth in sales and profits.
Goodrich Corporation reported fourth quarter 2007 results with the following highlights:
- Sales grew 12% to $1.668 billion compared to fourth quarter 2006, driven by strong commercial aftermarket sales.
- Segment operating income margin increased from 13.0% to 15.9% over the same period.
- Net income per diluted share increased 33% to $1.04, including $0.09 per share related to a settlement.
- For full year 2008, Goodrich expects sales growth of 11-13% to $7.1-7.2 billion and net income per diluted share growth of 10-14% to $4.15-$4.30, reflecting expected increases in commercial aircraft deliver
Yahoo reported its Q4'08 financial results, with revenue of $1.806 billion, down 1% year-over-year. Operating cash flow was negative $60 million compared to $527 million in Q4'07, due to a $488 million goodwill impairment charge related to Yahoo's international segment. Free cash flow was not meaningful compared to $647 million in Q4'07. Non-GAAP net income per share was $0.09 compared to $0.13 in Q4'07, excluding various one-time charges and costs related to strategic initiatives and restructuring activities.
Goodrich Corporation reported strong financial results for the second quarter of 2008. Sales increased 17% to $1.849 billion compared to the second quarter of 2007, driven by double-digit growth across all major market channels. Net income increased 49% to $187 million and net income per share increased 49% to $1.46. The company also increased its full year 2008 outlook for net income per share to between $4.80 to $4.95, representing approximately 27-31% growth over 2007.
- The document reports strong financial results for Q2 2007 including accelerating revenue growth of 30%, strong earnings growth of 40%, and excellent free cash flow generation.
- Key metrics like total revenue, earnings per share, and free cash flow all increased substantially year-over-year.
- Marketplaces revenue and gross merchandise volume both increased in the high teens to low 20s percent range year-over-year for the US and international segments.
- Total registered users of eBay marketplaces increased by approximately 8 million in the quarter and are up 19% year-over-year.
The document summarizes SKF Group's first quarter 2010 results. Key points include strong operating profit and margin compared to the previous year. Production levels and demand outlook increased during the quarter, though sales were negatively impacted by price and mix factors. The company inaugurated two new factories in India and adjusted manufacturing capacity in Sweden. Guidance for Q2 2010 indicated further sales growth compared to Q1 2010 across regions and divisions.
- 2Q07 earnings presentation meeting with investors.
- Gross revenue up 1.6% YoY in 2Q07. Adjusted net income down 25.3% YoY due to lower average prices and higher costs.
- For 1H07, gross revenue up 8.4% YoY and adjusted net income down 5.5% YoY. Volume grew 2.2% while average price increased 6%.
- Guidance for 1H07 was met or exceeded on key metrics like revenue and volume.
- Operational performance has been strong with continued revenue growth although profits impacted by pricing dynamics.
The document summarizes the company's financial results for the third quarter of 2007. It reported 6% revenue growth and 1% growth in operating profit. Earnings per share were up 9%. The company also saw a 13% increase in cash flow. For full-year 2007, the company is projecting mid-single digit growth in internal net sales and low single-digit growth in internal operating profit. It is raising its earnings per share guidance. For 2008, the company expects more sustainable growth.
Axfood reported increased sales and profits for the third quarter of 2011 compared to the same period in 2010. Consolidated sales rose 1.8% to SEK 8,735 million, while operating profit increased 1.6% to SEK 370 million. For the first nine months of 2011, consolidated sales were up 2% to SEK 25,881 million and operating profit grew 4.5% to SEK 928 million. Axfood continued investing in store renovations and conversions during the period and aims to maintain its operating profit for 2011 at least at the same level as in 2010.
The SKF Group reported record levels of operating profit and margins for the second quarter and first half of 2010. Organic sales growth was strong across all divisions, particularly in Asia/Pacific. SKF opened new factories and technical centers around the world. Outlook for the third quarter indicates demand will be significantly higher than 2009 and slightly up from Q2 2010.
- Yahoo reported Q3 2008 revenue of $1.786 billion, a 1% increase year-over-year. Revenue excluding traffic acquisition costs (Revenue ex-TAC) decreased 2% year-over-year to $1.325 billion.
- Operating cash flow (OCF) for Q3 2008 was $410 million, a 12% decrease year-over-year, and included $37 million in costs related to Microsoft proposals and other strategic initiatives.
- Free cash flow (FCF) for Q3 2008 was $231 million, a 52% FCF to OCF ratio, and included a one-time payment from AT&T in the prior quarter.
- Non-GAAP earnings
- Production for Q2 2011 was 8,500 bopd, down from 9,700 bopd in Q1 due to lower output from Congo. Revenue was 542.2 MSEK.
- The Aseng development in EG is ahead of schedule and expected to start production in Q4 2011, adding approximately 3,000 bopd net to PAR.
- In Tunisia, the Didon North satellite field tie-back is on plan with production expected to start in Q4 2011, estimated recoverables of 3 MMbbl net to PAR.
- Exploration successes include a gas discovery at Broder Tuck in Denmark and production tests ongoing in Tunisia.
This document summarizes DeVry's strategic plan to strengthen its core business of providing career-oriented education through investments in areas like technology and faculty, while also diversifying its business across different academic programs, education levels, and geographies. It discusses DeVry's history of growth and financial performance, current challenges around enrollment and earnings declines, and a 5-point plan to improve performance through cost alignment, recruiting enhancements, awareness building, targeted investments, and developing faculty.
Financial Results for the the Fiscal Year Ended March 2016KDDI
The figures included in the following brief, including the business performance target and the target for the number of subscribers are all projected data based on the information currently available to the KDDI Group, and are subject to variable factors such as economic conditions, a competitive environment and the future prospects for newly introduced services.
Accordingly, please be advised that the actual results of business performance or of the number of subscribers may differ substantially from the projections described here.
Modern Times Group reported record first quarter sales with double-digit growth. Sales were up 13% at constant currency rates and 5% on an organic basis. Organic growth was accelerated in Free-TV Scandinavia and Pay-TV Nordic due to Olympics coverage in Sweden. Double-digit organic growth also occurred in Pay-TV EM and content production businesses. Profits grew year-over-year for the first time in two years in Pay-TV Nordic. Overall profitability was impacted by seasonal effects, investments in the Olympics, new channel launches and digital investments. While higher operating margins are expected in Pay-TV Nordic for the full year, expectations for profits in Pay-TV EM were not reiterated due to
Modern Times Group MTG AB is a media company operating across four segments: Free-TV Scandinavia, Pay-TV Nordic, Free-TV Emerging Markets, and Pay-TV Emerging Markets. Over the past decade, MTG has grown its revenues from SEK 8 billion to SEK 14 billion through organic growth and acquisitions. MTG has a balanced revenue mix between advertising sales and subscription revenues. Going forward, MTG aims to continue growing its premium pay-TV subscriber base and capturing new opportunities from technology changes in the media industry.
Modern Times Group reported financial results for Q3 2013 with sales up 9% at constant currency rates across all five business segments. This demonstrated that investments in content, digital expansion, and geographical growth are fueling customer offerings and sales momentum. The company will continue investing to strengthen these areas and drive future growth, such as through upcoming new channels in Norway and Tanzania and coverage of the 2014 Winter Olympics. Acquisitions like Nice Entertainment will also help scale the content production and distribution business. While short-term profitability is impacted, the investments are building the foundation for sustainable long-term growth and cash generation. With continued strong cash flow and low debt, Modern Times Group is well positioned to fund further investment and shareholder returns.
The document is from a 2010 Capital Markets Day presentation by Mikael Olander, CEO of CDON Group, about their internet retailing business. It summarizes that CDON Group has tripled sales in four years through organic growth, new product lines, geographic expansion, and e-commerce acquisitions. Their business model focuses on achieving scale to lower costs and increase customer benefits. They plan to continue aggressive growth through expanding existing brands, geographic roll-outs, and acquiring new brands that can utilize their infrastructure. The Nordic online retail market is large and growing, representing an opportunity for continued fast and profitable growth.
1) CTC Media is a leading independent media company in Russia, operating 4 free-to-air television channels.
2) The presentation provides an overview of the Russian television advertising market and economy, CTC Media's business and strategy, and its outlook for 2010 with a focus on returning to revenue growth.
3) Key strategic objectives for CTC Media include maintaining focus on entertainment programming, growing audience shares of key channels, developing in-house content production, and expanding into new CIS markets.
Modern Times Group (MTG) reported financial results for the first quarter of 2011 that showed record sales and profits. Sales grew 10% year-over-year at constant currency rates. Operating income increased 15% year-over-year excluding associated income. Net income from continuing operations increased 78% year-over-year.
The document provides financial results for MTG's third quarter of 2012. Key details include:
- Sales were up 2% year-over-year at constant currency, excluding discontinued operations.
- EBIT before associated company income was SEK 288 million, down from SEK 358 million the prior year.
- Net income was SEK 308 million, comparable to the prior year.
- Investments were increasing in the Nordic pay-TV business and emerging markets in Russia and Ukraine.
Modern Times Group reported record quarterly results, with 13% year-over-year sales growth at constant exchange rates in Q2 and 12% growth in H1. All broadcasting businesses saw increased sales and operating income growth. Specifically, Free-TV Scandinavia sales grew 18% in Q2 and operating margin increased to 27% following audience and revenue growth across Sweden, Norway and Denmark. Operating income increased 26% in Q2 and was up 30% in H1, excluding associated company income.
MTG reported financial results for Q4 and FY 2012. In Q4, sales were stable year-over-year at constant FX while OPEX increased. EBIT was SEK 514 million excluding associated company income. For FY 2012, sales increased 1% at constant FX while OPEX also increased. EBIT was SEK 1,695 million excluding associated company income. MTG expects its Nordic pay-TV business to grow revenues in 2013 and report an EBIT margin of 10-12% for the year.
- Sales were up 3% in Q4 and 6% for the full year at constant exchange rates. EBIT before non-recurring items was SEK 551 million in Q4 and SEK 1,933 million for the full year.
- Net income was negatively impacted by SEK 3.2 billion in non-recurring impairment charges in Q4.
- The Board of Directors proposed increasing the annual dividend to SEK 9.00 per share and adopting a dividend policy to distribute at least 30% of recurring net profit to shareholders.
CDON Group reported strong financial results for Q3 2011, with a 61% year-over-year increase in sales reaching a record SEK 826.4 million. Gross profit increased 46.7% and operating profit was SEK 33.7 million, excluding one-time items. For the first nine months of 2011, net sales increased 45% to SEK 2,087.3 million and gross profit grew 32.6%, while operating profit was SEK 77.6 million when excluding one-time costs. The company also launched new sites and expanded existing brands into new markets during the period.
This document provides financial results for Maximising the Power of Entertainment (MTG AB) for Q4 and full year 2006. Key highlights include record sales and profits with group net sales up 18% in Q4 and 27% for the full year. Viasat Broadcasting, MTG's broadcasting segment, saw a 14% increase in Q4 net sales and 29% increase for the full year. MTG continues to meet its strategic objectives of doubling Viasat Broadcasting revenues and achieving over 15% operating margins in its core businesses. Overall, MTG achieved strong growth across its segments in 2006.
Présentation des résultats financiers Ericsson (Q4 2009)Ericsson France
Ericsson a publié ce matin les résultats de l’entreprise pour l’année 2009. Hans Vestberg, nouvellement président-directeur général du groupe depuis le 1er janvier 2010, a commenté les faits saillants au cours d’une conférence de presse en Suède. L’intégralité de ses commentaires est disponible ci-dessous.
Plus d'informations : http://www.blog-ericssonfrance.com/2010/01/le-pdg-du-groupe-ericsson-commente-les-resultats-2009/
The financial results document summarizes the company's financial performance for Q2 and the first half of 2011. Some key points:
- Net sales increased 51% in Q2 and 36% for the first half year due to acquisitions and sales growth across all segments.
- Operating profit decreased in both periods due to investments in expansion and a shift in product mix in the Entertainment segment.
- Each business segment was profitable in Q2 despite ongoing investments. The newly acquired Home & Garden segment contributed sales of SEK 48.9 million.
- Year-over-year sales growth was seen across all segments, ranging from 33-58% increase, demonstrating continued strong performance.
Finmeccanica: Board of Directors approves first-quarter 2011 resultLeonardo
Board of Directors approves first-quarter 2011 results.
New orders grow 2% versus first quarter 2010, to EUR 3,816 million, with good performance in Energy, Aeronautics and Transport.
Finmeccanica: Board of Directors approves first-quarter 2011 resultLeonardo
Board of Directors approves first-quarter 2011 results.
New orders grow 2% versus first quarter 2010, to EUR 3,816 million, with good performance in Energy, Aeronautics and Transport.
BRMalls reported financial results for the first quarter of 2011 with the following highlights:
- Net revenue increased 68.4% to R$179.1 million.
- Adjusted EBITDA reached R$140.6 million, up 58.6% compared to the first quarter of 2010.
- Occupancy rates across malls averaged 98.1%, up 0.2 percentage points from the prior year quarter.
Nexon reported its Q3 2012 results with revenue of ¥24.2 billion and operating income of ¥10 billion. While revenue was flat year-over-year, operating income declined 8%. Nexon's acquisition of gloops establishes it as the #1 independent mobile game developer by revenue and diversifies its business. For Q4 2012, Nexon revised its outlook downward to account for competitive pressures, the gloops acquisition, and plans to focus on engagement over monetization for some regions and titles. Nexon enters 2013 with a strong pipeline including new titles and updates.
The document provides an overview of London Stock Exchange Group's preliminary results for fiscal year 2012. Key highlights include:
- Total income increased 21% to £814.8 million, with adjusted operating profit up 30% and adjusted earnings per share up 36%.
- Strong financial performance across all four divisions - Capital Markets, Post Trade Services, Information Services, and Technology Services.
- Acquisitions of FTSE and LCH.Clearnet have transformed the scale, scope, and reach of the Group.
- Continued progress delivering the growth and diversification strategy through both organic initiatives and acquisitions.
- Novo Nordisk's sales increased 18% in the first quarter of 2009, with operating profit rising 35% due to continued gross margin improvements.
- Sales of modern insulins grew 31% and biopharmaceuticals like NovoSeven increased 25%, driving overall sales growth.
- Operating margins increased to 30.5% from 26.7% the prior year.
- For 2009, Novo Nordisk expects operating profit growth of at least 10% in local currencies.
Pa resources q4 2012 presentation_6 february 2013PA Resources AB
PA Resources reported financial results for the fourth quarter of 2012. Key highlights included lower production and oil prices decreasing revenue compared to Q3. EBITDA margin improved to 56.9% due to stable costs. A recapitalization was completed through a set-off issue and rights issue, strengthening the equity by approximately SEK 1.57 billion. The company's strategy going forward focuses on long-term growth through development of existing reserves and reducing risk through farm-out transactions of certain assets.
Telefónica reported financial results for the first nine months of 2012. Key highlights included:
1) OIBDA and operating margins increased sequentially from the first to second quarter and second to third quarter, with underlying EPS also improving.
2) Over €2.3 billion in debt was reduced in the third quarter through strong free cash flow generation and disposals.
3) The company is transitioning from a traditional telco model to a digital telco model globally and locally.
The document discusses the benefits of meditation for reducing stress and anxiety. Regular meditation practice can help calm the mind and body by lowering heart rate and blood pressure. Studies have shown that meditating for just 10-20 minutes per day can have significant positive impacts on both mental and physical health over time.
This document lists 4 drivers from 2008 to 2013 with the 5th listing regions of LatAm, Middle East, and Asia Pacific. It also mentions tracing mobile content and repackaging linear content for non-linear viewing.
Frozen was a popular Disney film that was viewed by many people. Internal data from Disney shows that Frozen had a high share of viewers and that individual users watched it multiple times. The document appears to be analyzing viewership data for the Disney film Frozen.
The document contains numerical data showing three values: 200, 100, and 0. It appears to be presenting quantitative information but without any additional context it is difficult to determine what specifically is being measured or represented.
The document discusses a new policy but does not provide any details about the specific policy, its goals, impacts, or reasons for being introduced. No information is given in the document to summarize.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
MTG is an integrated and diversified TV operator with operations in pay-TV, free-TV, and radio across the Nordic region and emerging markets. In Q3 2014, MTG saw 12% sales growth at constant FX rates and EBIT growth of 32%. MTG has a successful track record of profitable growth over 10 years and has a unique business model that is integrated, diversified, and platform agnostic. MTG also has a strong content arm and is the largest content buyer in the Nordic region, positioning it well for continued growth.
In Q3 2014, MTG reported record sales growth of 12% at constant FX and 5% organic growth. EBIT excluding associates was up 32% to SEK 215m. The Nordic free and pay-TV operations grew sales and profits by 7% and 11% respectively. Nice, MTGx, and MTG Radio reported strong organic sales growth of 35% and were profitable. Pay-TV in emerging markets grew sales 25% at constant FX, with mid-single digit organic growth.
MTG is an integrated and diversified TV operator with operations spanning pay-TV, free-TV, radio, and digital in Nordic and emerging markets. In Q3 2014, MTG saw 12% sales growth at constant FX rates and EBIT growth of 32% due to strong performance in the Nordic and emerging markets segments. MTG has a successful track record of profitable growth over 10 years and a unique business model that is integrated, diversified, and platform agnostic with a focus on growing its content offerings and digital capabilities.
- MTG reported strong financial results for Q3 2014, with sales increasing 12% at constant FX rates and 5% organically. EBIT excluding associates was up 32% to SEK 215m.
- Free and pay-TV operations in the Nordic region grew sales and profits by 7% and 11% respectively. Mixed results were seen in Eastern Europe, with sales down 1% due to tough comparisons in the Czech Republic.
- Nice, MTGx and MTG Radio reported strong 35% organic sales growth and returned to profitability in Q3 after losses in the same period last year.
MTG is an integrated and diversified TV operator with a strong content arm and digital focus. It has a successful track record of profitable growth over 10 years, with 11% sales CAGR and 18% EBIT CAGR. MTG has a unique platform that is integrated, diversified, platform agnostic, and decentralized. It has a bright future as it is content rich and at the forefront of innovation and technology with a strong cash flow and balance sheet. MTG will continue long term value creation through its clear growth strategy focused on content, digital expansion, and cost focus/operational excellence.
- MTG reported strong financial results for Q3 2014, with sales increasing 12% at constant FX rates and 5% organically. EBIT excluding associates was up 32% to SEK 215m.
- Free and pay-TV operations in the Nordic region grew sales and profits by 7% and 11% respectively. Mixed results were seen in Eastern Europe, with sales down 1% due to tough comparisons in the Czech Republic.
- Nice, MTGx and MTG Radio saw strong 35% organic sales growth and became profitable in Q3 2014 after losses in the same period the previous year.
MTG is an integrated and diversified TV operator with a strong content arm and digital focus. It operates in 131 countries and reaches over 150 million people. MTG has a successful track record of profitable growth over the past 10 years. It plans to continue its growth strategy through focus on content, digital expansion, and geographic expansion to shape the future of entertainment. As the largest content buyer, MTG is well positioned with popular content like TV shows, sports, and games.
MTG is a diversified TV operator with businesses in pay-TV, free-TV, and digital media. It generates revenue from advertising (44%) and subscriptions (47%). MTG operates across the Nordic region, emerging markets, and globally via content distribution. It has a strong content business and focus on digital platforms and expansion into new geographies. MTG has a successful track record of growth and aims to continue creating long term value through its content, digital, and geographic expansion strategies.
MTGQ2 2014 FINANCIAL RESULTS
Sales were up 13% at constant FX rates and 3% on an organic basis. Operating profits increased despite investments, with higher growth and margins in the Nordic regions offsetting unfavorable FX impacts and last year's one-offs elsewhere. Nice, MTGx and Radio saw strong organic growth and profits. The quarter showed healthy top-line growth and margin expansion, though some markets faced challenges from declining ad sales and geopolitical factors.
MTG has established a successful business model over 10 years with 11% sales CAGR and 15% EBIT CAGR. It has a unique integrated and diversified platform that is well-positioned to take advantage of rising video consumption and digital delivery. MTG's focus on content, operational excellence and geographic expansion provides a clear strategy for long-term growth and value creation.
This document discusses MTG's position as a leading entertainment company. It highlights MTG's successful track record of growth over 10 years, with 11% sales CAGR and 15% EBIT CAGR. MTG has a unique and integrated business model across TV, digital, and different regions. It is focusing on content, digital delivery, and geographic expansion to continue driving long-term value creation. MTG is well-positioned for the future as online and mobile video consumption grows due to its large content library and platform-agnostic strategy.
The document provides an overview of Modern Times Group's (MTG) performance in the first quarter of 2014. Key points include:
- Sales grew 13% at constant exchange rates and 5% organically, driven by growth in free-TV Scandinavia, pay-TV Nordic, and content production.
- Profits grew year-over-year for pay-TV Nordic for the first time in two years, though overall profitability was impacted by investments, seasonality, and currency effects.
- MTG merged Viaplay and MTGx to create a leading digital entertainment platform, and continued expanding its content production business through acquisitions and organic growth.
Modern Times Group (MTG) is a leading international digital entertainment company focused on shaping the future of entertainment. The document discusses MTG's successful track record over the past 10 years of 27% average return on capital employed and 17% total shareholder return compound annual growth rate. It outlines MTG's strategy of continued growth in content, digital services, and geographic expansion. MTG has a unique platform as a decentralized company with strong positions in television, online video, and mobile across Scandinavia, Central and Eastern Europe, and Africa.
Enhance Your Viewing Experience with Gold IPTV- Tips and Tricks for 2024.pdfXtreame HDTV
In the ever-evolving landscape of digital entertainment, IPTV (Internet Protocol Television) has emerged as a popular alternative to traditional cable and satellite TV services. Offering unparalleled flexibility, a vast selection of channels, and affordability, IPTV services like Gold IPTV have revolutionized the way we consume television content. This comprehensive guide will delve into everything you need to know about Gold IPTV, its features, benefits, setup process, and how it can enhance your viewing experience.
Party Photo Booth Prop Trends to Unleash Your Inner StyleBirthday Galore
Are you planning an unforgettable event and looking for the best photo booth props to make it a memorable night? Party photo booth props have become essential to any celebration, allowing guests to capture priceless memories and express their personalities. Here, we'll explore the hottest party photo booth prop trends that will unleash your inner style and create a buzz-worthy experience with Birthday Galore!
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The cats, Sunny and Rishi, are brothers who live with their sister, Jessica, and their grandmother, Susie. They work as cleaners but wish to seek other kinds of employment that are better than their current jobs. New career adventures await Sunny and Rishi!
Sara Saffari: Turning Underweight into Fitness Success at 23get joys
Uncover the remarkable journey of Sara Saffari, whose transformation from underweight struggles to being recognized as a fitness icon at 23 underscores the importance of perseverance, discipline, and embracing a healthy lifestyle.
SERV is the ideal spot for savory food, refreshing beverages, and exciting entertainment. Each visit promises an unforgettable experience with daily promotions, live music, and engaging games such as pickleball. Offering five distinct food concepts inspired by popular street food, as well as coffee and dessert options, there's something to satisfy every taste. For more information visit our website: https://servfun.com/
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Unlocking the Secrets of IPTV App Development_ A Comprehensive Guide.pdfWHMCS Smarters
With IPTV apps, you can access and stream live TV, on-demand movies, series, and other content you like online. Viewers have more flexibility and customization of content to watch. To develop the best IPTV app that functions, you must combine creative problem-solving skills and technical knowledge. This post will look into the details of IPTV app development, so keep reading to learn more.
Morgan Freeman is Jimi Hendrix: Unveiling the Intriguing Hypothesisgreendigital
In celebrity mysteries and urban legends. Few narratives capture the imagination as the hypothesis that Morgan Freeman is Jimi Hendrix. This fascinating theory posits that the iconic actor and the legendary guitarist are, in fact, the same person. While this might seem like a far-fetched notion at first glance. a deeper exploration reveals a rich tapestry of coincidences, speculative connections. and a surprising alignment of life events fueling this captivating hypothesis.
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Introduction to the Hypothesis: Morgan Freeman is Jimi Hendrix
The idea that Morgan Freeman is Jimi Hendrix stems from a mix of historical anomalies, physical resemblances. and a penchant for myth-making that surrounds celebrities. While Jimi Hendrix's official death in 1970 is well-documented. some theorists suggest that Hendrix did not die but instead reinvented himself as Morgan Freeman. a man who would become one of Hollywood's most revered actors. This article aims to delve into the various aspects of this hypothesis. examining its origins, the supporting arguments. and the cultural impact of such a theory.
The Genesis of the Theory
Early Life Parallels
The hypothesis that Morgan Freeman is Jimi Hendrix begins by comparing their early lives. Jimi Hendrix, born Johnny Allen Hendrix in Seattle, Washington, on November 27, 1942. and Morgan Freeman, born on June 1, 1937, in Memphis, Tennessee, have lived very different lives. But, proponents of the theory suggest that the five-year age difference is negligible and point to Freeman's late start in his acting career as evidence of a life lived before under a different identity.
The Disappearance and Reappearance
Jimi Hendrix's death in 1970 at the age of 27 is a well-documented event. But, theorists argue that Hendrix's death staged. and he reemerged as Morgan Freeman. They highlight Freeman's rise to prominence in the early 1970s. coinciding with Hendrix's supposed death. Freeman's first significant acting role came in 1971 on the children's television show "The Electric Company," a mere year after Hendrix's passing.
Physical Resemblances
Facial Structure and Features
One of the most compelling arguments for the hypothesis that Morgan Freeman is Jimi Hendrix lies in the physical resemblance between the two men. Analyzing photographs, proponents point out similarities in facial structure. particularly the cheekbones and jawline. Both men have a distinctive gap between their front teeth. which is rare and often highlighted as a critical point of similarity.
Voice and Mannerisms
Supporters of the theory also draw attention to the similarities in their voices. Jimi Hendrix known for his smooth, distinctive speaking voice. which, according to some, resembles Morgan Freeman's iconic, deep, and soothing voice. Additionally, both men share certain mannerisms. such as their calm demeanor and eloquent speech patterns.
Artistic Parallels
Musical and Acting Talents
Jimi Hendrix was regarded as one of t
The Evolution and Impact of Tom Cruise Long Hairgreendigital
Tom Cruise is one of Hollywood's most iconic figures, known for his versatility, charisma, and dedication to his craft. Over the decades, his appearance has been almost as dynamic as his filmography, with one aspect often drawing significant attention: his hair. In particular, Tom Cruise long hair has become a defining feature in various phases of his career. symbolizing different roles and adding layers to his on-screen characters. This article delves into the evolution of Tom Cruise long hair, its impact on his roles. and its influence on popular culture.
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Introduction
Tom Cruise long hair has often been more than a style choice. it has been a significant element of his persona both on and off the screen. From the tousled locks of the rebellious Maverick in "Top Gun" to the sleek, sophisticated mane in "Mission: Impossible II." Cruise's hair has played a pivotal role in shaping his image and the characters he portrays. This article explores the various stages of Tom Cruise long hair. Examining how this iconic look has evolved and influenced his career and broader fashion trends.
Early Days: The Emergence of a Style Icon
The 1980s: The Birth of a Star
In the early stages of his career during the 1980s, Tom Cruise sported a range of hairstyles. but in "Top Gun" (1986), his hair began to gain significant attention. Though not long by later standards, his hair in this film was longer than the military crew cuts associated with fighter pilots. adding a rebellious edge to his character, Pete "Maverick" Mitchell.
Risky Business: The Transition Begins
In "Risky Business" (1983). Tom Cruise's hair was short but longer than the clean-cut styles dominant at the time. This look complemented his role as a high school student stepping into adulthood. embodying a sense of youthful freedom and experimentation. It was a precursor to the more dramatic hair transformations in his career.
The 1990s: Experimentation and Iconic Roles
Far and Away: Embracing Length
One of the first films in which Tom Cruise embraced long hair was "Far and Away" (1992). Playing the role of Joseph. an Irish immigrant in 1890s America, Cruise's long, hair added authenticity to his character's rugged and determined persona. This look was a stark departure from his earlier. more polished styles and marked the beginning of a more adventurous phase in his hairstyle choices.
Interview with the Vampire: Gothic Elegance
In "Interview with the Vampire" (1994). Tom Cruise long hair reached new lengths of sophistication and elegance. Portraying the vampire Lestat. Cruise's flowing blonde locks were integral to the character's ethereal and timeless allure. This hairstyle not only suited the gothic aesthetic of the film but also showcased Cruise's ability to transform his appearance for a role.
Mission: Impossible II: The Pinnacle of Long Hair
One of the most memorable instances of Tom Cruise long hair came in "Mission: Impossible II" (2000). His character, Ethan
You know you're an adult when every check-up gets you down. View What Going to the Doctor is Like as an Adult and more funny posts on salty vixen stories & more-saltyvixenstories.com
How OTT Players Are Transforming Our TV Viewing Experience.pdfGenny Knight
The advent of Over-The-Top (OTT) players has brought a seismic shift in the television industry, transforming how we consume media. These digital platforms, which deliver content directly over the internet, have outpaced traditional cable and satellite television, offering unparalleled convenience, variety, and personalization. Here’s an in-depth look at how OTT players are revolutionizing the TV viewing experience.
3. Third Quarter 2011
Sales Growth & Higher Margins
SEK mn
• Sales up 4% y/y at constant FX & up 3% y/y at
reported FX to SEK 3,106 (3,017) mn 3,500 40%
• OPEX up y/y to SEK 2,748 (2,681) mn & up 4% 35%
y/y at constant FX 3,000
• EBIT before associated company income up 6% 30%
2,500
y/y to SEK 358 (336) mn
• Increased operating margin of 12% (11%) 25%
2,000
• Total EBIT of SEK 514 (427) mn 20%
• Including SEK 156 (91) mn of associated 1,500
company income 15%
• Income before tax of SEK 439 (472) mn 1,000
10%
• Net income from continuing operations of SEK
306 (339) mn & total net income of SEK 306 500 5%
(359) mn
• Basic EPS of SEK 4.71 (5.31) & total basic EPS 0 0%
of SEK 4.71 (5.63) Q3 2010 Q3 2011
Q3 2011 Financial Results
Revenue EBIT* EBIT margin
* EBIT excluding associated income
3
4. First Nine Months 2011
Sales & EBIT Growth
SEK mn
• Sales up 8% y/y at constant FX & up 3% at 12,000 40%
reported FX to SEK 9,762 (9,484) mn
• OPEX of SEK 8,380 (8,195) mn – up 7% y/y at 35%
10,000
constant FX
30%
• EBIT before associated company income up 7%
y/y to SEK 1,382 (1,288) mn 8,000
25%
• Stable operating margin of 14% (14%)
• Total EBIT up 17% SEK 1,879 (1,608) mn 6,000 20%
• Including SEK 497 (320) mn of associated
company income 15%
4,000
• Income before tax of SEK 1,791 (1,579) mn
10%
• Net income from continuing operations up 14% y/y
2,000
to SEK 1,276 (1,116) mn & total net income of 5%
SEK 1,276 (1,182) mn
• Basic EPS from continuing operations of SEK 0 0%
18.90 (16.80) 9M 2010 9M 2011
9M 2011 Financial Results
• Total basic EPS of SEK 18.90 (17.81) Revenue EBIT* EBIT margin
* EBIT excluding associated income
4
6. Free-TV Scandinavia
Financial Highlights
SEK mn
• Sales of SEK 984 (922) mn in Q3 & SEK 3,153 3,500 50%
(3,018) mn for YTD
45%
• Up 7% y/y in Q3 & 8% for YTD at 3,000
constant FX 40%
• OPEX of SEK 768 (703) mn in Q3 & SEK 2,358 2,500 35%
(2,286) mn for YTD
• Up y/y at constant FX for both periods 30%
2,000
• Investments in local productions and other 25%
programming & y/y effect of launch of TV10 1,500
in Sweden in Sep 2010 20%
• EBIT slightly down y/y to SEK 216 (219) mn in 1,000 15%
Q3 & up 9% y/y to SEK 795 (732) mn for YTD
10%
• EBIT margin of 21.9% (23.8%) in Q3 & 500
25.2% (23.8%) for YTD 5%
0 0%
Q3 2010 Q3 2011 9M 2010 9M2011
Revenue EBIT EBIT margin
Operating review
6
7. Free-TV Scandinavia
Operating Highlights
Commercial Audience Share (15-49)
Sweden
• Target audience share of 38.4% (38.8%) in Q3 45%
• Up from 37.6% in Q2 40%
• Launch of Fall programming schedules
35%
• Audience share gains for TV8 & TV10
30%
25%
Norway
20%
• Target audience share of 22.0% (29.1%)
15%
• Down from 24.8% in Q2
• Performance reflected impact of new 10%
commercial channels launched in Q4 2010 5%
• Ongoing investments in programming 0%
content with focus on local productions Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2009 2009 2010 2010 2010 2010 2011 2011 2011
Denmark Sweden Norway Denmark
• Target audience share of 23.1% (24.8%)
• Down from 25.7% in Q2
• Performance reflects impact of Danish
Operating review
general elections
• Fall schedules strengthened with new &
returning formats
7
8. Pay-TV Nordic
Financial Highlights
SEK mn
Sales of SEK 1,184 (1,140) mn in Q3 & SEK 4,000 50%
3,509 (3,347) mn for YTD
45%
Up 4% y/y in Q3 & 8% for YTD at 3,500
constant FX 40%
3,000
OPEX of SEK 949 (939) mn in Q3 & SEK 2,831
35%
(2,733) mn for YTD
2,500
Up y/y at constant exchange rates 30%
Ongoing investments in premium sports 2,000 25%
content
20%
Addition of 7 Viasat channels since the 1,500
beginning of 2010 15%
1,000
EBIT up 17% y/y to SEK 234 (201) mn in Q3 & up 10%
10% to SEK 677 (614) mn for YTD
500
5%
Increased operating margins of 19.8%(17.6%) in
Q3 & 19.3% (18.3%) for YTD 0 0%
Q3 2010 Q3 2011 9M 2010 9M 2011
Revenue EBIT EBIT margin
Operating review
8
9. Pay-TV Nordic
Operating Highlights
Premium subscribers
1,200
• Stable premium subscriber base y/y in Q3 & down
1,000
slightly q/q
800
• Third party premium network subscriber 600
Thousands
base up y/y & stable q/q 400
200
• Performance reflected: 0
• Ongoing subscriber intake in Sweden offset Q1 Q2 Q3 Q4 Q1 Q2 Q3
2010 2010 2010 2010 2011 2011 2011
by increased churn levels in Denmark due
to high competition Satellite subscribers 3'rd party network subscribers
• Premium ARPU up y/y to SEK 4,751 (4,472) mn &
up 8% y/y at constant FX
• Previously introduced price increases
• Rising penetration of value-added services 300 Value added services
250
200
Thousands
150
100
50
Operating review
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2010 2010 2010 2010 2011 2011 2011
ViasatPlus HDTV Multi-room
9
10. Free-TV Emerging Markets
Financial Highlights
SEK mn Free-TV Emerging Markets
• Total sales of SEK 400 (357) mn in Q3 & SEK 1,500
1,418 (1,373) mn for YTD
• Up 12% y/y in Q3 & 8% for YTD at 1,000
constant FX
500
• OPEX of SEK 476 (432) mn in Q3 & SEK 1,453
(1,472) mn for YTD 0
• Up for both periods at constant FX
-500
• Continued strategic programming Q3 2010 Q3 2011 9M 2010 9M 2011
investments across all territories
Revenue EBIT
• EBIT of SEK -76 (-75) mn in Q3 & SEK 65 mn
positive swing to SEK -35 (-100) mn for YTD
SEK mn Baltics, Czech Republic & Bulgaria
• Baltic, Czech & Bulgarian sales of SEK 352 1,400
(310) mn in Q3 & SEK 1,254 (1,198) mn for YTD
1,100
• Up 14% y/y in Q3 & 9% for YTD at
constant FX 800
• EBIT of -48 (-49) mn in Q3 & SEK 45 (-22) mn
500
for YTD
• EBIT margin of 3.6% for YTD 200
-100
Q3 2010 Q3 2011 9M 2010 9M 2011
10
Revenue EBIT
11. Free-TV Emerging Markets
Operating Highlights
Baltics 50%
• Sales up 19% y/y in Q3 & 11% for YTD at
constant FX
40%
• Increased pan-Baltic target audience share of
41.4% (40.5%)
• New channel TV8 launched in Lithuania after end 30%
of Q3. Targets female 35+ audience
Czech Republic 20%
• Sales up 18% in Q3 & 19% for YTD at constant
FX & gained significant market share in Q3
10%
• Continued significant CSOV gains both y/y and Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011
q/q
• New channel Prima LOVE now fully included in Estonia (15-49) Latvia (15-49)
advertising sales bundle
Lithuania (15-49) Czech Republic (15-54)
Bulgaria
Bulgaria (18-49)
• Sales down 3% y/y in Q3 & down 12% for YTD at
constant FX due to continued decline in overall TV
Operating review
ad market & low pricing levels
• Increased programming investments with launch
on own productions to drive ratings
11
12. Pay-TV Emerging Markets
Financial Highlights
SEK mn
• Sales of SEK 240 (228) mn in Q3 & SEK 685
(671) mn for YTD 800 50%
• Up 14% y/y in Q3 & 15% for YTD at
45%
constant FX 700
• Growth primarily driven by continued y/y 40%
subscriber intake on the Ukrainian and 600
35%
Russian platforms
500
• Y/y effect on YTD sales of consolidation of 30%
50% of Raduga TV from February 2010 &
400 25%
full consolidation of Viasat Ukraine from
June 2010 20%
300
• OPEX of SEK 227 (223) in Q3 & SEK 643 (589)
15%
for YTD – even higher growth at constant FX 200
• Launch of 10 new Viasat channels since 10%
beginning of 2010 100
5%
• Consolidation of 50% of Raduga TV &
100% of Viasat Ukraine 0 0%
Q3 2010 Q3 2011 9M 2010 9M 2011
• Ongoing investments in development of
platforms & offering Revenue EBIT EBIT margin
• EBIT more than doubled to SEK 13 (6) mn in Q3
Operating review
but down to SEK 42 (82) mn for YTD
• EBIT margins of 5.5% (2.6%) in Q3 & 6.1%
(12.3%) for YTD
12
13. Pay-TV Emerging Markets
Operating Highlights
Satellite subscribers
500
• 88,000 net new subscribers added y/y
• Significant subscriber uptake in Ukraine & 450
growth in both Russian and Baltic
Thousands
400
subscriber bases
350
• Wholesale mini-pay business subscriptions up
300
31% y/y and up from Q2 2011
250
• Viasat History & Viasat Nature documentary 200
channels launched in Uganda and Tanzania Q1 Q2 Q3 Q4 Q1 Q2 Q3
after the end Q3 following signing of a 2010 2010 2010 2010 2011 2011 2011
distribution agreement with digital terrestrial
television operator StarTimes Mini-pay TV subscriptions
• Channels will also be included on 70,000
StarTimes pay-TV offering in Nigeria.
60,000
Thousands
50,000
40,000
Operating review
30,000
Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011
Mini-pay TV subscriptions
13
14. Other Businesses
Highlights
SEK mn
• Comprises MTG’s Radio, Bet24 and Modern
1,600 40%
Studios operations
• Sales of SEK 372 (456) mn in Q3 & SEK 1,225 1,400 35%
(1,349) mn for YTD – down 18% y/y & 6% for YTD
at constant exchange rates 1,200 30%
• Lower licensing and production revenues 1,000 25%
for Modern Studios & Strong Q3 2010 for
Bet24 due to 2010 World Cup 800 20%
• Combined OPEX of 358 (406) mn in Q3 1,143
(1,232) mn for YTD 600 15%
• EBIT before associated company income of SEK 400 10%
14 (51) mn in Q3 & SEK 78 (117) mn for YTD
• EBIT margins of 3.8% (11.1%) in Q3 & 200 5%
6.4% (8.7%) for YTD
0 0%
• Total EBIT of SEK 18 (50) mn in Q3 & 82 Q3 2010 Q3 2011 9M 2010 9M 2011
(122) mn for YTD including associated Revenue EBIT EBIT margin
company income of SEK 4 (-1) mn in Q3 &
4 (5) mn for YTD
Operating review
14
16. Income Statement
• Depreciation & amortisation charges Q3 Q3 9M 9M
of SEK 47 (53) mn in Q3 & SEK 145 (SEK mn) 2011 2010 2011 2010
(160) mn for YTD
Net sales 3,106 3,017 9,762 9,484
• Net interest and other financial items
of SEK -75 (45) mn in Q3& SEK -88 EBIT before associated company
358 336 1,382 1,288
(-29) mn for YTD income & non-recurring items
• Y/y reduction in net interest charges Associated company income 156 91 497 320
to SEK 17 (24) mn in Q3 &
Total EBIT 514 427 1,879 1,608
SEK 45 (55) mn for YTD
• Y/y change in other financial items Net interest & other financial items -75 45 -88 -29
also included SEK -64 (-) y/y non-
Income before tax 439 472 1,791 1,579
cash financial gain from the change
in value of the option element of the Net income from continuing
306 339 1,276 1,116
SEK 250 mn CDON Group operations
convertible bond & a non-cash Net income from discontinued
- 20 - 66
financial gain of SEK 12 (71) mn operations
following the new share issues by Net income 306 359 1,276 1,182
CTC Media and the resulting dilution
Basic EPS from continuing
of MTG’s ownership in the company 4.71 5.31 18.90 16.80
operations
Total basic EPS 4.71 5.63 18.90 17.81
Financial Review
16
17. Cash Flow
• Change in working capital reflected Q3 Q3 9M 9M
(SEK mn) 2011 2010 2011 2010
timing of payments for key sports rights
& cash tax payments Cash flow from
345 371 1,334 1,231
operations
• No investments in businesses during
9M 2011, compared to SEK 136 mn
Changes in working
investment in Raduga TV in Q1 2010 & capital
-483 -216 -645 -708
SEK 132 mn investment in Viasat
Ukraine in Q2 2010 Net cash flow from
-138 155 689 523
• CAPEX = less than1% of Group net operations
sales for the period
Cash flow to/from
-34 -47 -86 -383
• Cash flow from financing activities investing activities
included net loan increase of SEK 68
(-90) mn Cash flow to/from
64 -105 -770 -236
financing activities
• Cash flow to financing activities of
SEK -770 (-236) mn for YTD Cash flow from
primarily reflected SEK 498 (363) discontinued operations - 32 - -42
mn dividend payment to MTG – CDON Group
shareholders in Q2
Net change in cash &
-108 35 -167 -138
cash equivalents
Financial Review
17
18. Financial Position
• SEK 2,417 (3,500) mn of the Group’s available 30 Sep 30 Sep
credit drawn down as at 30 Sep 2011 (SEK mn) 2011 2010
• Net debt of SEK 1,861 (3,031) mn, compared
to net debt of SEK 1,716 mn as at 30 Jun 2011 Non-current assets 9,156 8,727
• SEK 4,499 (3,631) mn of available liquid funds
Current assets 5,802 6,641
(cash & undrawn facilities)
• SEK 2,253 mn book value of 38.2%
Total assets 14,958 15,368
shareholding in CTC Media had public equity
market value of SEK 3,674 mn at end of Sep
2011
Shareholders’ equity 7,391 5,857
Net debt / EBITDA
Long-term liabilities 3,090 4,232
1.2 1.2 1.1
0.8 Current liabilities 4,476 5,278
0.7 0.6 0.7
Total equity & liabilities 14,958 15,368
Financial Review
Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11
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19. Summary
• Record sales following growth for all four broadcasting divisions
• Continued ad market growth & market share gains in Scandinavia
• Lagging recovery in emerging advertising markets but ongoing audience &
market share gains
• Nordic pay-TV revenues up with best in class margins
• Emerging market pay-TV on track with healthy subscriber & revenue growth
• Increased Group operating margins despite ongoing investments in
programming & platforms
• Healthy cash flow & strong financial position from which to invest further in
future growth
Summary
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20. For further information, please visit www.mtg.se or contact:
MTG Investor Relations
Tel: +44 7768 440 414 / +44 7590 098 188
Email: investor.relations@mtg.se
Contact information
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