Q2 2019 interim report April-June
Monday, July 22, 2019 — Modern Times Group MTG AB (MTG) today publishes its Q2 2019 financial results. MTG continues to deliver on its strategic direction with sales growth increasing with 14 percent in both investment verticals esport and gaming.· MTG continued to deliver on its strategic direction, with sales growth in its two verticals esport and gaming of 14 percent · Esports Owned & Operated (O&O) sales up 15 percent. Gaming sales up by 19 percent, delivering a record high adjusted EBITDA margin of 29 percent · High activity through MTG VC fund, invested SEK 22M in three growth