Viaplay Group Ab Class A · OMXSTO:VPLAY_A
Viaplay Group Ab Class A — Q3 2026 Earnings Presentation
18 slides from Viaplay Group Ab Class A's earnings presentation, October 2026
Slide 1: Q3 2026 Results Presentation
Q3 2026 Results PRESENTATION
Slide 2: Important notice
Important notice This presentation has been prepared for information purposes only. The presentation is not intended to form the basis of any investment activity or decision. The presentation should not be considered as a recommendation in relation to an investment in Viaplay Group, nor does it cons
Slide 3: Speakers
SPEAKERS Jørgen Lindemann Johan Johansson Matthew Hooper Chief Executive Officer Chief Financial Officer Investor Relations
Slide 4: Q3 Highlights
Q3 Highlights Core operations sales of SEK 5,251m, stable on an organic basis Core operations EBITDA (ex ACI and IAC) of SEK 313m (SEK 276m pro forma and SEK -13m reported in Q3 2025) Group free cash flow of SEK -32m, of which SEK 58m from core operations and SEK -90m from non-core operations Allent
Slide 5: Reported Sales & EBITDA
Reported Sales & EBITDA Q3 Q3 9M 9M FY SEKm 2026 2025 2026 2025 2025 Core operations Sales 5,251 4,014 16,037 12,367 17,344 Core operations EBITDA (excluding ACI & IAC) 313 -13 871 -54 210 Allente Group consolidated from 14 November 2025 ➢ Reported core operation sales up 30% year-on-year ➢ Substant
Slide 6: Pro forma Sales and EBITDA
Pro forma Sales and EBITDA Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q3 YoY (%) SEKm 2025 2025 2025 2025 2025 2026 2026 2026 Organic Subscription 4,341 4,267 4,214 4,299 17,121 4,299 4,382 4,326 1.0% -of which, Streaming 2,014 1,984 1,964 2,110 8,071 2,120 2,139 2,060 3.5% -of which, Non-streaming 2,327 2,283 2,250 2
Slide 7: Core operations performance by revenue line
Core operations performance by revenue line Streaming subscriptions Non-streaming subscriptions 3.5% organic sales growth -1.1% organic sales growth 39% of Core operations net sales 43% of Core operations net sales Subscriber base stable y-o-y and up q-o-q. Structural decline in linear channel subsc
Slide 8: A unique content offer
A unique content offer Acquired Scripted & Documentaries Non-scripted Sports 8
Slide 9: World class sports rights
World class sports rights ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 9
Slide 10: Sports – Q3 highlights and upcoming in Q4
Sports – Q3 highlights and upcoming in Q4 Q3 highlights Upcoming in Q4 10
Slide 11: Film and series – Q3 highlights and upcoming in Q4
Film and series – Q3 highlights and upcoming in Q4 Q3 highlights Upcoming in Q4 11
Slide 12: Cashflow
Cashflow Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 SEKm 2025 2025 2025 2025 2025 2026 2026 2026 Cash flow from operations, excluding working capital -335 -31 -140 -48 -554 -157 197 195 Changes in working capital -333 862 -1,249 -1,517 -2,239 231 -52 -190 o/w Core operations -423 1,076 -1,210 -1,326 -1,885 279 11 -100
Slide 13: Financial position
Financial position Net debt Facility maturity profile (incl. amortisation schedule) SEKm Sep'26 Working capital facility 2,500 Allente loan 1,306 2500 Bonds and notes 1,858 RCF 1) 750 Working capital facility Gross debt 6,414 Allente loan (amortised) 781 Prepaid / accrued financial items -59 Allente
Slide 14: Allente integration synergies
ALLENTE INTEGRATION SYNERGIES Viaplay Group acquired the remaining 50% of Allente Group in November 2025. Integration remains on track, with some synergies already realised during 2026. Full run-rate annual cash cost synergies (from 1 Jan 2027) SEK 300-400 million Integration cash costs (reported as
Slide 15: 2026 financial targets
2026 FINANCIAL TARGETS The Group’s financial targets for 2026 reflect the full consolidation of Allente Group. Targets remain unchanged, with EBITDA now expected at the upper end of the range. Full year 2026 Core operations sales Stable year-on-year on an organic basis Full year 2026 Core operations
Slide 16: Long-term ambitions
LONG-TERM AMBITIONS Viaplay Group updated its long-term financial ambitions in conjunction with the announcement of the Allente Group acquisition on 17 July 2025 Core operations sales Stable year-on-year on average on an organic basis for 2025 to 2028 Core operations EBITDA before ACI & IAC Double-d
Slide 17: The Nordic region's leading entertainment provider
The Nordic region’s leading entertainment provider Ongoing Completed 1 2 3 Improve return on Organisational Re-focus top-line drivers Allente Group integration content investment restructuring - Value over volume - Focus on commercially - Integrate into the - Exit non-core successful and locally cou
Slide 18: Q3 2026 Results Q&A
Q3 2026 Results [email protected] Q&A