Sweden's Viaplay Q1 net sales rise on streaming demand but loss widens

Viaplay AB (publ)

23/04/2026 06:42

Overview

Sweden entertainment provider's Q1 group net sales rose yr/yr, core operations sales stable organically

Q1 net income remained negative, reflecting ongoing restructuring and integration costs

Company reported positive free cash flow for Q1, driven by core operations and working capital changes

Outlook

Viaplay expects full-year 2026 Core operations sales to be stable on an organic basis

Company targets 2026 Core operations EBITDA before ACI and IAC of SEK 1.0-1.4 bln

Viaplay sees growth in streaming and digital ad sales offset by declines in linear channels

Result Drivers

ALLENTE INTEGRATION - Integration of Allente Group supported core operations sales and EBITDA, with synergy realization on track, per CEO Jørgen Madsen Lindemann

STREAMING GROWTH - Core operations streaming subscription sales rose 8% organically, driven by D2C sales and higher premium sports subscriber mix

COST SAVINGS & FX - Operating expenditure reduced by cost savings and positive FX effects, though content costs continued to rise due to inflation in multi-year agreements

Company press release: ID:nMFN9BYVwM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 5.28 bln
Q1 Net Income
-SEK 420 mln
Q1 EBIT
-SEK 234 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the broadcasting peer group is "buy."

Wall Street's median 12-month price target for Viaplay Group AB (publ) is SEK1.45, about 7.3% above its April 22 closing price of SEK1.35

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)