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EMBRAC B — Embracer AB News Story

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Brief: Embracer Q1 ADJ EBIT At SEK 151 Mln

BRIEF-Embracer Q1 ADJ EBIT At SEK 151 Mln

- Embracer Group AB EMBRACb.ST:

  • Q1 NET SALES SEK 3,943 MILLION VERSUS SEK 3,186 MILLION SEEN IN COMPANY-PROVIDED CONSENUS

  • Q1 ADJ EBIT SEK 151 MLN VS SEK 69 MLN SEEN IN COMPANY-PROVIDED CONSENUS

  • FOR CURRENT FINANCIAL YEAR 2026/27, CASH EBIT FORECAST OF AT LEAST SEK 1.0 BILLION IS REITERATED

  • FY 2026/27 OUTLOOK REMAINS INTACT

  • CONTINUE TO EXPECT CASH EBIT OF AT LEAST SEK 1.0 BLN, WITH IMPROVING CONFIDENCE FOLLOWING Q1

  • WITHIN FELLOWSHIP, LICENSING IS EXPECTED TO COMPENSATE FOR A SLOWER QUARTER OF NEW CONTENT FOR PUBLISHING & DEVELOPMENT

  • FOR Q2, WE EXPECT YEAR-ON-YEAR CASH EBIT IMPROVEMENT IN A SIMILAR PATTERN TO Q1

  • FELLOWSHIP ENTERTAINMENT'S RELEASE OF WARHAMMER 40,000: DAWN OF WAR 4 IS NOW EXPECTED, IN Q3 (3RD DECEMBER) RATHER THAN IN Q2

  • CONTINUE TO EXPECT EARNINGS TO BE WEIGHTED TO Q3 AND ESPECIALLY Q4 DUE TO TIMING OF KEY GAME RELEASES WITHIN FELLOWSHIP ENTERTAINMENT

  • EXPECT SOME WORKING CAPITAL BUILD-UP IN Q2 AHEAD OF HOLIDAY SEASON.

  • PLANNED SPIN-OFF OF FELLOWSHIP ENTERTAINMENT IS PROGRESSING WELL TOWARD CALENDAR YEAR 2027

  • FROM FY 2027/28, FELLOWSHIP ENTERTAINMENT IS EXPECTED TO GET INTO RHYTHM OF RELEASING AT LEAST TWO MAJOR GAMES WITH FULL ECONOMICS PER YEAR

  • Q1 PERFORMANCE WAS SUPPORTED BY SOLID MOMENTUM ACROSS OUR CORE IPS WITHIN BOTH OUR NEW OPERATING SEGMENTS, FELLOWSHIP ENTERTAINMENT AND EMBRACER

  • Q1 SHOWED CLEAR SIGNS OF VALUE CREATION POTENTIAL AHEAD

Source text: ID:nMFN8Zc98g

Further company coverage: [EMBRACb.ST]


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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