(ADPnews) - Oct 21, 2009 - Swedish media company Modern Times Group AB (STO:MTG B), or MTG, posted today a net profit of SEK 254 million (USD 37m/EUR 24.7m) for the third quarter of 2009, compared with SEK 405 million a year earlier.
Pretax profit came in at SEK 336 million versus SEK 595 million.
Operating income decreased to SEK 377 million from SEK 574 million.
Net sales rose 7% to SEK 3.177 billion, driven by the Nordic and emerging market pay-TV businesses, as well as the online and modern …
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