Latest news with #AllenteGroup
Yahoo
2 days ago
- Business
- Yahoo
Viaplay Group AB (OSTO:VPLAY A) Q2 2025 Earnings Call Highlights: Strategic Moves and Financial ...
Core Operating Income: Improved to SEK89 million from negative SEK72 million last year. Group Free Cash Flow: SEK823 million, with core free cash flow of SEK1.042 billion. Reported Group Sales: SEK4.313 billion. Organic Sales Growth: Down 0.1% for corporations. Net FX Impact on Core EBIT: Positive SEK37 million. Items Affecting Comparability: Negative SEK42 million, primarily related to redundancy costs and revaluation of liabilities. Share of Income from Allente: SEK46 million, up from SEK28 million last year. Capital Expenditure: Remained low at SEK12 million. Financial Net Debt: SEK787 million. Cash and Borrowings: SEK927 million in cash and SEK1.88 billion in borrowings. Allente 2024 Revenue: SEK6.5 billion. Allente 2024 EBITDA: SEK1 billion. Pro Forma Core Net Sales Guidance: SEK21 billion to SEK22 billion. Pro Forma Core EBITDA Guidance: SEK0.8 billion to SEK1.1 billion. Pro Forma Adjusted Group Operating Free Cash Flow Guidance: SEK0.5 billion to SEK0.755 billion. Long-term Financial Indebtedness: Approximately SEK6.1 billion. Gross Leverage Ratio: About 5.5x based on top band of guidance range. Warning! GuruFocus has detected 6 Warning Signs with OSTO:VPLAY A. Release Date: July 17, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Viaplay Group AB (OSTO:VPLAY A) signed an agreement to acquire a 50% stake in Allente Group, enhancing their strategic partnership. The company reported strong sports engagement, particularly from Formula One and major events like the Ice Hockey World Championship and Premier League finals. Average revenue per subscriber improved year-on-year and sequentially, reflecting a focus on value over volume. Digital advertising and HVOD continued to grow, offsetting linear headwinds and resulting in a 1% organic growth. The acquisition of Allente is expected to strengthen Viaplay's financial profile and contribute positively to earnings and cash flow. Negative Points Viaplay's B2B volume declined, consistent with previous quarters, indicating challenges in this segment. Linear subscriptions were down 3%, highlighting a decline in traditional TV viewership. Currency fluctuations, particularly a stronger Swedish Krona, negatively impacted revenues. Items affecting comparability amounted to negative SEK42 million, primarily due to redundancy costs and revaluation of liabilities. Non-core operations had a cash flow of negative SEK219 million in Q2, aligning with expectations but still a financial drain. Q & A Highlights Q: Today you announced the sublicensing agreement in Norway together with [Teletu]. What effect do you expect from that agreement? A: Jrgen Madsen Lindemann, CEO: The partnership with TV to Norway is exciting as it builds on existing collaborations. It aims to provide a stronger offering to customers, and we are optimistic about its potential. Q: How do you plan to grow your streaming revenues in the second half? Do you plan for more price adjustments or higher subscriber volume? A: Jrgen Madsen Lindemann, CEO: We are focused on ensuring competitive pricing while attracting more customers. Our strategy involves offering products with good value, ensuring relevance and fair pricing. Q: Are the previous 2025 financial targets for core operations excluding Allente still realistic and achievable? A: Johan Johansson, CFO: We are not deviating from previous forecasts. We have set new targets for the combined group, but have not updated guidance specifically for the standalone business. Q: Are you looking to make more sublicensing agreements in your core markets in the coming months? A: Jrgen Madsen Lindemann, CEO: We aim to maintain a competitive product and are open to forming strong partnerships. The revenue from sublicensing will be reinvested in other business areas to benefit customers. Q: Do you have a limit for sublicensing of sports rights, or are all your rights up for negotiation? A: Jrgen Madsen Lindemann, CEO: We have a lot of content and events, and while we are open to sublicensing, we aim to maintain the right volume of rights. Our focus is on capital allocation and ensuring we have a competitive offering. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
3 days ago
- Business
- The Star
Viaplay buys remaining stake in Allente from Telenor
STOCKHOLM (Reuters) -Swedish streaming group Viaplay Group said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor for 1.1 billion Swedish crowns ($113 million). Viaplay said in a statement it would finance the deal, which would make it the sole owner of the provider of broadband and satellite TV, through available cash and a new 1.73 billion crown loan facility. ($1 = 9.7356 Swedish crowns) (Reporting by Anna Ringstrom, editing by Louise Rasmussen)
Yahoo
3 days ago
- Business
- Yahoo
Viaplay buys remaining stake in Allente from Telenor
STOCKHOLM (Reuters) -Swedish streaming group Viaplay Group said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor for 1.1 billion Swedish crowns ($113 million). ($1 = 9.7356 Swedish crowns) Sign in to access your portfolio
CNA
3 days ago
- Business
- CNA
Viaplay buys remaining stake in Allente from Telenor
STOCKHOLM :Swedish streaming group Viaplay Group said on Thursday it had agreed to buy the remaining 50 per cent stake in Allente Group from Norway's Telenor for 1.1 billion Swedish crowns ($113 million). ($1 = 9.7356 Swedish crowns)
Reuters
3 days ago
- Business
- Reuters
Viaplay buys remaining stake in Allente from Telenor
STOCKHOLM, July 17 (Reuters) - Swedish streaming group Viaplay Group ( opens new tab said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor ( opens new tab for 1.1 billion Swedish crowns ($113 million). ($1 = 9.7356 Swedish crowns)
