Brief: Modern Times Group MTG Maintains 2024 Outlook

Modern Times MTG AB

18/07/2024 06:41

July 18 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG MAINTAINS 2024 OUTLOOK AND OPERATING MARGIN GROWS TO
30%
    * WE ARE FACING A CHALLENGING INDUSTRY WHICH IS GOING
THROUGH
ANOTHER YEAR OF ADJUSTMENT
    * GOOGLE'S CHANGES TO DIGITAL ADVERTISING LANDSCAPE AND
SWITCH TO
REAL-TIME BIDDING CONTINUE TO IMPACT DIGITAL ADVERTISING
REVENUES
    * WE EXPECT BROADER REVENUE DYNAMICS WE ARE FACING TO
CONTINUE
INTO Q3
    * WE ANTICIPATE BETTER REVENUE MOMENTUM FROM KEY EXISTING
TITLES
IN SEASONALLY IMPORTANT Q4.

Source text for Eikon:  ID:nWkrbdyzMz 
Further company coverage:  MTGb.ST 

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