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MTG says Q4 profits steady at Nordic Entertainment and Studios, MTGx has first quarterly profit

Thursday 1 February 2018 | 12:23 CET | News
Modern Times Group (MTG) has announced stable fourth-quarter operating profit at Nordic Entertainment and MTG studios, which it has agreed to sell to Denmark's TDC Group. Meanwhile, its MTGx gaming, e-sports and video content division posted its first quarterly profit. MTG said group sales in the fourth quarter of 2017 rose to SEK 5.31 billion from SEK 4.30 billion a year earlier, with 10 percent organic growth.

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Categories: Broadcast & Satellite / Internet
Companies: InnoGames / Kongregate / Modern Times Group / TDC
Countries: Sweden
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