Brief: MTG Increases Outlook For FY Adjusted EBITDA Margin

Modern Times MTG AB (publ)

25/10/2023 06:46

Oct 25 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG RETURNS TO ORGANIC GROWTH, DELIVERS RECORD
PROFITABILITY AND
INCREASES MARGIN OUTLOOK FOR 2023
    * WE ARE INCREASING OUTLOOK FOR OUR FY ADJUSTED EBITDA
MARGIN ON
BACK OF THIS STRONG PERFORMANCE AND NOW EXPECT MARGIN TO BE
BETWEEN 25% AND 27% FOR YEAR
    * MAINTAINED FULL YEAR REVENUE OUTLOOK

Source text for Eikon:  ID:nWkr1nbHl8 
Further company coverage:  MTGb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))