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NENT lifts Q4 sales as Viaplay subscribers rise 25% in 2019, reports negative EPS but plans higher dividend

2020-02-04 09:57:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has reported a rise in fourth quarter net sales, driven by its Viaplay streaming service, which expanded its subscriber base by over 25 percent in 2019. Write-downs, restructuring and redundancy costs left the company with an operating and net loss. Nevertheless, the board is proposing a higher dividend.

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