Sweden's Viaplay Q2 sales rise; on track to deliver 2026 targets
Sweden's Viaplay Q2 sales rise; on track to deliver 2026 targets
Overview
Sweden-based entertainment provider's Q2 group net sales rose yr/yr to SEK 5.51 bln
Net income for Q2 turned positive at SEK 70 mln from a loss a year ago
Company agreed to sell Dutch operations for EUR 142 mln to focus on Nordics, cut net debt
Outlook
Company maintains 2026 financial targets and long-term ambitions for double-digit EBITDA margin in 2028
Viaplay expects annual cash synergies from Allente integration of SEK 300-400 mln in 2027
Result Drivers
STREAMING SUBSCRIPTION GROWTH - Organic streaming subscription sales rose 7%, supported by higher ARPU and a stable subscriber base
ALLENTE INTEGRATION - Cost efficiencies and initial synergies from Allente integration helped offset inflation in content costs
CONTENT AND SPORTS OFFERING - Premium sports and local content attracted large audiences and drove viewing and sales
Company press release: ID:nMFN5Tm5Jj
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| SEK 5.51 bln |
|
Q2 Net Income |
| SEK 70 mln |
|
Q2 EBIT |
| SEK 253 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
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 SEK1.50, about 24.6% above its July 16 closing price of SEK1.20
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(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.)