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MTG Reports Record Q1 Sales

STOCKHOLM: Modern Times Group (MTG) has reported its sales in the first quarter were up to record levels, with particular growth in Nordic pay TV and free TV in emerging markets. Overall, net sales were up 1 percent year-on-year at constant exchange rates to SEK3.7 billion ($428.6 million). Net income was SEK318 million ($36.7 million) …



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