Updated Mar 17, 2026 by Modern Times Group
Modern Times Group reported a net loss of SEK 2.0 billion in 2009, driven by SEK 3.35 billion in non-recurring goodwill and asset-impairment charges.
Despite the net loss, the company achieved net sales of SEK 14.2 billion and generated SEK 1.5 billion in net operating cash flow.
The group maintained a strong liquidity position with SEK 3.8 billion in liquid funds and reduced net debt to SEK 2.7 billion, representing a 1.1x EBITDA ratio.
Emerging-markets pay-TV operations showed strong growth, with revenue increasing 33% to SEK 875 million and operating profit rising 59% to SEK 168 million.
The board proposed a dividend of SEK 5.50 per share and requested authorization to repurchase up to 10% of outstanding shares.
Digital retail sales grew by 26% in 2009, signaling a strategic diversification away from traditional broadcasting models.
Internal engagement remained high, with 86% of staff completing performance surveys and 61% of permanent employees receiving training during the year.
Modern Times Group reported a net loss of SEK 2.0 billion in 2009, driven by SEK 3.35 billion in non-recurring goodwill and asset-impairment charges.
Despite the net loss, the company achieved net sales of SEK 14.2 billion and generated SEK 1.5 billion in net operating cash flow.
The group maintained a strong liquidity position with SEK 3.8 billion in liquid funds and reduced net debt to SEK 2.7 billion, representing a 1.1x EBITDA ratio.
Emerging-markets pay-TV operations showed strong growth, with revenue increasing 33% to SEK 875 million and operating profit rising 59% to SEK 168 million.
The board proposed a dividend of SEK 5.50 per share and requested authorization to repurchase up to 10% of outstanding shares.
Digital retail sales grew by 26% in 2009, signaling a strategic diversification away from traditional broadcasting models.
Internal engagement remained high, with 86% of staff completing performance surveys and 61% of permanent employees receiving training during the year.