US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Interim report 1 January–31 March 2023

Strong start to the year in a turbulent world We began the year with a strong operating profit in a quarter that was characterised by multiple successful productions, performances and events. By prioritizing sustainability in terms of both the customer experience and our employees, with continuing our focused work on creating profitability over time. We’re also continuing to build on our platform for growth in existing operations as well as new concepts and arenas. During the quarter, a couple of new projects left the drawing board and took the form of two new concepts that will set up in

Interim Report 1 April – 30 June 2022

In summing up, we can declare a strong second quarter whose performance is one of the Group's most profitable for the April-June period ever. Operating profit came in at SEK 20 million, which is a great improvement and a clear indication that we are on the right track towards restoring profitability. Even when we exclude the support we received as a result of the restrictions, the Group's performance shows clear improvements in profitability. In this context, we note that the Covid-related restrictions from previous periods, combined with the unrest in the world at large, had a negative

Interim Report 1 January–31 March 2022

We have put yet another turbulent quarter behind us following the reintroduction of restrictions at the end of last year, which were made even more stringent in the beginning of January. Consequently, the majority of our arenas had to postpone their seasonal opening, while the demand for tickets for upcoming periods declined. However, we are pleased to note that since being allowed to reopen all of our operations at the end of February, we have enjoyed good seat occupancy, especially for our major productions, and strong demand in our two event companies, while most of the other operations

Year-end report 1 January – 31 December 2021

As a result of the eased restrictions, all operations were able to re-open in what for the Group is the very important fourth quarter. All venues, productions and activity restaurants were able to run their operations to the fullest during the period with the exception of Oslo and Copenhagen, which were forced to close a few weeks before the Christmas break.FOURTH QUARTER 2021 2021 2020 2021 2020SEK million Oct–Dec Oct–Dec Jan–Dec Jan–DecNet sales 259 49 396

Martin du Hane har utsetts till permanent VD och Koncernchef för Moment Group AB

Styrelsen har utsett Martin du Hane till permanent VD och Koncernchef för Moment Group AB. Martin du Hane tillträdde den 22 mars 2021 befattningen som tillförordnad VD/Koncernchef och den rollen har med detta övergått till att vara permanent.- Uppdraget för den som ytterst ska leda Moment Group framåt är tydligt – att återställa lönsamheten efter denna tuffa period med stängda verksamheter och samtidigt bygga plattformen för tillväxt. Vi har nu gjort ett grundligt arbete i rekryteringsprocessen för att finna rätt VD för koncernen och vi i styrelsen är mycket glada att Martin tackade ja till

Interim Report 1 January - 30 September 2021

The quarter was characterised by the opening of many of our businesses as restrictions were gradually eased. By way of comparison, we can report that sales for the quarter increased markedly year-over-year, but were still 40% lower than the same quarter in 2019. Happily, the restrictions in Sweden, Norway and Denmark were entirely removed on 29 September, and since then all operations have been able to open fully again after most of them had been forced to remain closed for 18 months. This means we can now offer shows, musicals, theatres and events without restrictions to audience size, and

Interim Report 1 January–30 June 2021

The announcement regarding the easing of restrictions beginning 1 July, which according to plan must come into force in four stages, means that we at last can see the light at the end of the tunnel after almost 18 months of virtual total closure of the majority of our operations. However, we continue to be seriously affected by the pandemic and its restrictions, which is clearly reflected in sales and the operating profit/loss for the period. During the last quarter we have continued to make the necessary adjustments to our organisation to be fully ready to go once the restrictions ease and

Interim report 1 January – 31 March 2021

In March 2021, we passed the one-year milestone for corona virus and a pandemic that has had a major impact on society, our way of life and human health. It has also entailed depressing conditions for Moment Group and the industry in which we do business, something that is clearly reflected in our sales for the past 12 months, which totalled SEK 113 million. This is a decrease of SEK 863 million (88%) compared to the corresponding period one year earlier. For management, the first quarter was characterised by putting in place the last components of the financial solution reached on 27

Year-end report 1 January–31 December 2020

The full year from January through December 2020 was very turbulent for Moment Group, as the strong start to the year was quickly transformed in March to one dominated by the Corona pandemic’s negative consequences for the entertainment and experience industry. Net sales from operations for the full year totalled SEK 330 million (956), a reduction of almost 65%, and in Q4 the loss of revenue was no less than 88%, which reflects the industry’s ability to operate under the draconian government restrictions that have characterised society since March. During the pandemic, the company’s focus was

Interim report 1 January – 30 September 2020

The period July through September continued to be characterised by the negative impact of the corona pandemic on the entertainment and experience industry. During the quarter, net sales from operations totalled SEK 31 million (146), a reduction of almost 80%, which reflects the industry’s predicament under the severe restrictions imposed by the authorities. During the quarter, our focus was on preparations for reopening several venues, managing the strained liquidity situation and creating a more flexible cost base to render operations more efficient in the future.A WORD FROM THE CEO Up

Interim Report 1 January–30 June, 2020

The period April through June has been dominated by the negative impact of the corona pandemic on the entertainment and experience industry. During the quarter, net sales from operations amounted to SEK 14 million (168 million), which reflects the industry’s predicament under the powerful prevailing restrictions from the government. During the quarter, our focus was on managing the strained liquidity situation and creating a more flexible cost base to render operations more efficient in the future.A WORD FROM THE CEO Up until February, the year began strongly with an operating profit

Interim report 1 January–31 March 2020

A positive start to the year was followed by utterly different future prospects as a result of the corona pandemic. COVID-19 affects everyone at both the personal and professional levels, and our Group is active in an industry that has been hit very hard by market conditions that have changed totally.FIRST QUARTER 2020 2020 2019 2019(SEK million) Jan–Mar Jan–Mar full year IFRS 16 IFRS 16 IFRS 16Net sales 238 217 956Pro rata sales

INTERIM REPORT 1 January–30 September 2019

As anticipated, the quarter showed a lower level of activity, but positive signals moving forward. From here on, we can focus sharply on restoring profitability.THIRD QUARTER AND JANUARY–SEPTEMBER 2019    2019   2019   2018   2019  2019   2018(SEK million)   Jul–Sep   Jul–Sep   Jul–Sep   Jan–Sep  Jan–Sep   Jan–Sep IFRS 16 IAS 17 IAS 17 IFRS 16IAS 17 IAS 17Net sales   146   146   170   531  531   710

Interim Report 1 January - 31 March 2019

The quarter was burdened by 2Entertain and Kungsportshuset. Stable revenues from implemented acquisitions are important for the Group. Group-wide action programmes are in progress. Resolution passed on a fully guaranteed rights issue to boost the financial position moving forward.2019 2019 2018(SEK million) Jan–Mar Jan–Mars Jan–Mar IFRS 16 IAS 17 IAS 17Net sales 217 217 277Pro rata sales 175 175 233Operating profit/loss -3 -16 5before

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe