Modern Times Group MTG AB Financial results for the nine months ended 30 September 2003

MODERN TIMES GROUP MTG AB FINANCIAL RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2003 Stockholm, 22 October 2003 - Modern Times Group MTG AB ("MTG") (Stockholmsbörsen: MTGA, MTGB; Nasdaq: MTGNY) today announced its preliminary financial results for the third quarter and nine months ended 30 September 2003. NINE MONTHS ENDED 30 SEPTEMBER 2003 · NET SALES UP 7% TO SEK 4,580 (4,293) MILLION · NET INCOME UP MORE THAN FOUR TIMES TO SEK 127 (27) MILLION · EARNINGS PER SHARE OF SEK 1.91 (SEK 0.41) THIRD QUARTER HIGHLIGHTS · NET SALES UP 5% TO SEK 1,436 (1,371) MILLION · EBIT UP TO SEK 54 (-23) MILLION · TV3 SCANDINAVIA NET SALES UP 7% TO SEK 421 (394) MILLION · NUMBER OF DIGITAL PAY-TV SUBSCRIBERS INCREASES TO 599,000 For further information, please visit www.mtg.se, email info@mtg.se, or contact: Hans-Holger Albrecht, President & CEO tel: +46 (0) 8 562 000 50 Mia Brunell, Chief Financial Officer tel: +46 (0) 8 562 000 50 Matthew Hooper, Investor & Press Relations tel: +44 (0) 20 7321 5010 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/22/20031022BIT00610/wkr0002.pdf The full report

About Us

MTG (Modern Times Group MTG AB (publ.)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our popular entertainment brands span Content Production, TV, Radio and eSports, and are available around the world. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).

Subscribe

Documents & Links