Modern Times Group Reports Stable Q3 Revenue, Adjusted EBITDA Up 3%
Adjusted EBITDA rose 3% to SEK 693 million. MTG expects full-year revenue growth at the lower end of its prior guidance range and adjusted EBITDA margins at the upper end.
Modern Times Group MTG AB released its Q3 2026 financial results, reporting stable revenue and a 3% increase in adjusted EBITDA to SEK 693 million. The company noted that growth in its PlaySimple gaming division helped offset a challenging market environment. Management updated its full-year 2026 outlook, now expecting revenue growth to land at the lower end of its previous guidance range, while adjusted EBITDA margins are anticipated to reach the upper end. The company cited tough marketing conditions and changes to Google's fee structures as primary factors influencing these expectations.