Nordic Business Report-April 26, 2006-Modern Times Group MTG AB posts Q1 operating result of SEK453m
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The Swedish media group Modern Times Group MTG AB issued on Wednesday (26 April) its report for the first quarter, posting an operating result (EBIT) of SEK453m, as compared to SEK212m in the first quarter of 2005.
Net sales amounted to SEK2,377m, up from SEK1,738m in the first quarter last year.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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