Q3 2024 Modern Times Group MTG AB Earnings Call Transcript

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Oct 24, 2024

Oct 24, 2024 / 08:00AM GMT
Anton Gourman - Modern Times Group MTG AB - Vice President - Communications and IR

And thank you for joining the live stream for our third-quarter results. My name is Anton Gourman and I'm the VP of Investor Relations at MTG. With me and hosting this call is our President and CEO, Maria Redin.

(Event Instructions) And with that, I now hand over to our CEO, Maria. Please go ahead.

Maria Redin - Modern Times Group MTG AB - Group President, Chief Executive Officer

Thank you, Anton, and hello, everyone, and thank you for joining us. We had an active Q3 with good momentum and increasing marketing spend. And that's thanks to business schedule of live ops and new game initiatives.

I'm also excited that we launched our new strategy and character collection game, Heroes of History, in September. And also going into Q4, we continue to build on the operational attraction. And we are confident in our full-year guidance for both sales and operating margin.

We reported sales of SEK1.4 billion in Q3, which in constant currency was up 1% increase

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