“Record second quarter and first half year results again reflect continued growth and increasing profitability in each of our three key broadcasting businesses, with a particularly strong performance by the Central and East European operations and assets,” said Hans-Holger Albrecht, President and CEO.
MTG
MTG posts 25 percent profit increase
Swedish entertainment and broadcasting group Modern Times Group (MTG) said on Wednesday second quarter results for 2006 showed a 30 percent increase in net sales to 2.6 billion kronor. Pre-tax profits stood at 499 million kronor, nearly double the figure for the same period last year, when the group posted profits of 257 million kronor.
Published: 26 July 2006 18:26 CEST
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