Q3 2013 Interim report January – September
Investment plan on track with healthy sales growthQ3 2013 Highlights · Net sales up 9% y-o-y (year-on-year) at constant FX & up 5% on an organic basis · Free-TV Scandinavia sales growing again at constant FX with rising investments · Pay-TV Nordic sales up 7% y-o-y at constant FX with an operating margin of 11.9% · Free-TV Emerging Markets sales up 21% at constant FX with ongoing investments · Continued growth in Pay-TV Emerging markets and profitability in line with expectations · Acquisition of Nice Entertainment Group – Nordic´s largest independent group of production