Modern Times Group MTG AB Class A · OMXSTO:MTG_A
Modern Times Group MTG AB Class A — Investor Presentation (November 2014)
17 slides from Modern Times Group MTG AB Class A's investor presentation, November 2014
Slide 1: November 2014
November 2014
Slide 2: A unique entertainment group
A unique entertainment group Free-TV Free-TV emerging Pay-TV nice entertainment Pay-TV Nordic Scandinavia markets emerging markets & radio Sweden Estonia Latvia Lithuania Norway Bulgaria Czech Republic Denmark Hungary Ghana Tanzania 2
Slide 3: MTG in brief: an integrated and diversified TV operator
MTG in brief: an integrated and diversified TV operator…. Revenue split by type (2013) Revenue split by segment (2013) 9% 28% 31% 44% 47% 41% Advertising Subscription Other Emerging Markets Pay-TV Nordic Free-TV Scandinavia …with a strong content arm and a digital focus. In 143 countries & reach >15
Slide 4: Q3 2014 Highlights
• Sales: +12% at constant FX & 5% organic • EBIT (excl. associates) up 32% to SEK 215m • Combined Nordic free and pay-TV operations grew sales & profits by 7% & Q3 2014 • 11% respectively Combined EM free and pay-TV operations Highlights grew sales but profits down due to exceptional comps in the Cz
Slide 5: Group performance: Record Q3 sales drive profitable growth
Group perfomance: Record Q3 sales drive profitable growth Sales growth (y-o-y) EBIT (SEKm) and EBIT margin (%) 16% 600 25 14% 500 20 12% 400 10% 15 8% 300 6% 10 200 4% 5 100 2% 0% 0 0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2012 2013 2013 2013 2013 2014 2014 2014 -2% 2012 2013 2013 2013 2013 2014 2014 2014 Q4 Q1 Q2
Slide 6: The story: A unique business model with a bright future
The story: A unique business model with a bright future A successful A unique A bright track record (10 y) platform future • 11% Sales CAGR • Integrated & diversified • Content rich • 18% Ebit CAGR • Platform agnostic • At the forefront of innovation & technology • 27% ROCE (ave) • Decentralized • S
Slide 7: Nordic broadcasting: Reigniting growth
Nordic broadcasting Reigniting growth 10% Y/Y sales growth Headline 8% Combined Nordic free & pay 6% businesses continue to grow 4% primarily organic message • 2% • transition from linear to online 0% Image or2013 2013 Q1 colour Q2 2013 fill goes Q3 2013 onQ1 top Q4 2014 of2014 2014 Q2 thisQ3 advert
Slide 8: Long term value creation, based on clear growth strategy
Long term value creation, based on clear growth strategy Growth + value creation Content Digital Geo expansion Cost focus & operational excellence 8
Slide 9: Content remains king and we are the biggest buyer in town
Content remains king and we are the biggest buyer in town Total number of broadcast hours (2013) 1 000 000 879 470 900 000 800 000 700 000 600 000 481 800 500 000 394 200 400 000 297 840 300 000 236 520 210 240 200 000 100 000 0 MTG RTL Bonnier Mediaset CME Pro7 9
Slide 10: Long term partnerships with relevant content providers
Long term partnerships with relevant content providers 10
Slide 11: 24: Live another day: cross collaboration
24: Live another day: cross collaboration 1 Month Before 1 Day after US 1 Day Before Free- 1 Week after 1 Day after US Premiere US Premiere Premiere TV Premiere US Premiere Free-TV Premiere Season 1-8 Season 9 US Exclusive 24 hour Premiere on Available on Available Premiere Premiere promotion Free-T
Slide 12: A scale content player #1 in the Nordics
A scale content player #1 in the Nordics Image or colour fill goes on top of this with EM footprint & global distribution capability 12
Slide 13: We are well-positioned as we have the content you love
We are well-positioned as we have the content you love 13
Slide 14: We are well-positioned as we have the TV you love
We are well-positioned as we have the TV you love 14
Slide 15: We are well-positioned as we have the sports you love
We are well-positioned as we have the sports you love 15
Slide 16: Summary
Summary Established track record - profitable growth and good TSR A unique model - integrated, diversified & platform agnostic Clear strategic direction - know where to play & how to win Content rich - in a world with rising video consumption Strong balance sheet - and long term owners S
Slide 17: MTG Investor relations
MTG Investor relations For further information visit www.mtg.com Tel: +46 (0) 73 699 2714 Email: investors @mtg.com
Modern Times Group MTG — Investor Presentation (November 2014) on 6ix