Sweden's Viaplay Q3 net sales rise, maintains 2026 forecast
Sweden's Viaplay Q3 net sales rise, maintains 2026 forecast
Overview
Sweden-based entertainment provider's Q3 net sales rose yr/yr, operating income improved
Core operation net sales stable organically, EBITDA before ACI and IAC increased
Company progressing with Allente integration and Dutch operations sale
Outlook
Viaplay maintains 2026 core operation EBITDA before ACI and IAC guidance of SEK 1.0-1.4 bln
Company expects 2026 core operation net sales to be stable year-on-year on an organic basis
Viaplay sees Allente Group integration yielding SEK 300-400 mln annual cash synergies in 2027
Result Drivers
SUBSCRIPTION SALES - Streaming subscription sales rose 4% organically, with stable Viaplay subscriber base and growth from Q2
CONTENT OFFERING - Premium sports and new non-sports titles, including exclusive football coverage and local productions, attracted large audiences
ALLENTE INTEGRATION - Synergies from Allente Group integration and content savings helped offset higher sports rights costs and inflation
Company press release: ID:nMFN1SLv5y
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| SEK 5.25 bln |
|
Q3 Net Loss |
| SEK 30 mln |
|
Q3 EBIT |
| SEK 122 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 SEK1.55, about 24.7% above its October 21 closing price of SEK1.24
The stock recently traded at 109 times the next 12-month earnings vs. a P/E of 251 three months ago
Reuters Recommended Reads
Oct 20 - UK's Physitrack Q3 revenue rises on subscriptions
Oct 20 - Singapore's Karooooo Q2 subscription revenue rises 20%
Oct 22 - Telia raises its 2026 outlook
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.)