Modern Times Group MTG AB (OSTO:MTG A)
kr 76.5 -1.5 (-1.92%) Market Cap: 9.16 Bil Enterprise Value: 6.71 Bil PE Ratio: 0 PB Ratio: 0.66 GF Score: 77/100

Q1 2019 Modern Times Group MTG AB Earnings Call Transcript

May 09, 2019 / 07:00AM GMT
Release Date Price: kr103.98
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the MTG Q1 Results 2019 Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, on Thursday, the 9th of May 2019.

I would now like to hand the conference over to MTG President and CEO, Jørgen Lindemann, who is joined by MTG's CFO, Maria Redin. Please begin. The floor is yours.

JÃ;rgen Madsen Lindemann
Modern Times Group MTG AB - President & CEO

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Thank you, operator, and good morning, everyone. This is MTG's first-ever results since the split from NENT, which was completed successfully in late March. A lot of work went into making the split, then the NENT listing happened. We're really pleased that both companies are now well positioned to take advantage of the great opportunities they face in their own markets, and we believe that both offer a clear and compelling equity story for investors.

Now before moving on MTG, we have now also completed the sale of Nova, the last of our [EGOP] broadcasting

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