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Viaplay Q4 Results Show Signs Of Green Shoots But Write-Downs And “Provisions” Serve As Reminder Of Brutal 2023
Scandi streamer Viaplay has posted organic group sales up 3.4% and saw losses shorten, as it continues to reshape its business after a brutal 2023.
Viaplay has posted organic group sales for Q4 up 3.4% and saw comparable losses shorten, as the Scandi streamer continues to reshape its business after a brutal 2023. However, when the various sports content write-downs and other “provisions” related to the company’s strategy shift last year were factored in, the operating the loss was SEK2.86B, its interim report for Q4 revealed. Madsen Lindemann today said Viaplay was “beginning the journey now with commercially focused goals, clear operational accountability, and the ability to put the right teams in place now that we have secured the refinancing.”
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