Modern Times Group MTG AB operates in the Television broadcasting stations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Modern Times Group MTG AB with three other
radio and television broadcasters in Europe:
Metropole Television SA
sales of 1.25 billion Euro [US$1.33 billion]
of which 66%
was Digital Television),
Television Francaise 1 SA
(2.00 billion Euro [US$2.13 billion]
of which 86%
was Broadcasting), and
Cyfrowy Polsat SA
based in Poland
(9.82 billion Polish New Zlotys [US$2.39 billion]
of which 88%
was Services to Individual Clients and busin).
Modern Times Group MTG AB reported sales of SEK 16.22 billion (US$1.81 billion)
December of 2015.
increase of 3.0%
versus 2014, when the company's sales were SEK 15.75 billion.
This was the third consecutive year of growth at Modern Times Group MTG AB.
Sales of Viasat / Free-Television Emerging Markets saw an increase
that was more than double the company's growth rate: sales were up
10.7% in 2015, from
SEK 2.40 billion to SEK 2.66 billion.
Modern Times Group MTG AB also saw significant increases in sales in
Nice Entertainment, Mtgx, Mtg Radio (up 9.9% to SEK 2.80 billion)
Not all segments of Modern Times Group MTG AB experienced an increase in sales in 2015:
sales of Group Central Operations fell 40.0% to SEK 3.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Modern Times Group MTG AB also experienced decreases in sales in
Viasat / Free-To-Air Scandinavia (down 0.3% to SEK 3.90 billion)
Viasat / Pay-Television Emerging Markets (down 9.8% to SEK 1.11 billion)