Brief: MTG Q4 EBITDA Up At SEK 303 Mln

Modern Times MTG AB

07/02/2022 13:19

Feb 7 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG PUBLISHES Q4 OCTOBER-DECEMBER 2021 INTERIM FINANCIAL RESULTS REPORT
    * Q4 EBITDA OF SEK 303 (160) MILLION AND EBIT OF SEK 121 (91) MILLION
    * Q4 NET SALES SEK 1,658 MILLION VERSUS SEK  1,064 MILLION YEAR AGO
    * OUR BOARD OF DIRECTORS WILL PROPOSE TO RETURN AT LEAST 40 PERCENT OF NET PROCEEDS FROM
TRANSACTION TO OUR SHAREHOLDERS,
    * REMAINING PROCEEDS WILL BE USED TO ACCELERATE OUR BUY & BUILD STRATEGY IN GAMING
    * WE ENTER 2022 AS A PURE-PLAY GAMING COMPANY
    * GAMING VERTICAL DELIVERED STRONG Q4 WITH YEAR-OVER-YEAR PRO FORMA GROWTH OF 13 PERCENT
    * GAMING VERTICAL DELIVERED STRONG QUARTER DRIVEN PRIMARILY BY PERFORMANCE FROM NEWLY
ACQUIRED
COMPANIES, NINJA KIWI AND PLAYSIMPLE

Source text for Eikon:  ID:nWkr2crttf 
Further company coverage:  MTGb.ST 

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