Brief: Embracer Q1 ADJ EBIT At SEK 151 Mln
BRIEF-Embracer Q1 ADJ EBIT At SEK 151 Mln Aug 13 (Reuters) - 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)
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