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MTG lifts Q2 net sales and operating profit as NENT and international entertainment fare well

Wednesday 18 July 2018 | 10:39 CET | News
Update: 18 July 2018 | 10:54 CET
Modern Times Group (MTG) reported second quarter sales of SEK 5.01 billion, up by 18 percent from SEK 4.25 billion a year earlier, with 9 percent organic growth. Acquisitions and divestments contributed 5 percent of the growth and primarily comprised the consolidation of InnoGames and Kongregate, while foreign exchange impact was 4 percent.

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[18/07/2018 10:54- Update: Adds Kinnevik EGM motion in favour of MTG share distribution]


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Categories: Broadcast & Satellite / Internet
Companies: Kongregate / Modern Times Group / Nordic Entertainment
Countries: Bulgaria / Scandinavia / Sweden
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