Brief: Embracer Q1 Net Sales Down At SEK 3.36 Bln

Embracer AB

14/08/2025 06:17

Aug 14 (Reuters) - Embracer Group AB EMBRACb.ST:

Q1 NET SALES DECREASED BY 31% TO SEK 3,355 MILLION

Q1 EBIT AMOUNTED TO SEK -257 MILLION (-1,453)

Q1 ADJUSTED EBIT DECREASED BY -87% TO SEK 75 MILLION (579)

AN ADJUSTED EBIT OF AT LEAST SEK 1,000 MILLION IS FORECASTED FOR FINANCIAL YEAR 2025/26

OUR OVERALL GROUP Q1 RESULTS REFLECT A QUIET QUARTER FOR PC/CONSOLE RELEASES

THIS YEAR WILL BE A TRANSITION YEAR IN TERMS OF OWN MAJOR RELEASES, AND WE WILL BE HIGHLY FOCUSED ON OPERATIONAL AND STRATEGIC EXECUTION

QUARTER WAS SLOWER THAN EXPECTED FOR PC/CONSOLE DUE TO SOFTNESS IN OUR CATALOG

FOR Q2, WE EXPECT TO BE ROUGHLY IN LINE WITH Q1 ON ADJUSTED EBIT, DRIVEN BY PERFORMANCE OF ALREADY-RELEASED TITLES IN JULY AND AUGUST

WE SEE NO MATERIAL CHANGES TO MANAGEMENT EXPECTATIONS FOR FY 2026/27 AND FY 2027/28

WE EXPECT INCREASED RELEASED PIPELINE IN COMBINATION WITH LOWER FIXED COSTS WILL NOTABLY IMPROVE FREE CASHFLOW FY 2026/27 ONWARDS

Source text: ID:nMFN4Bjq1m

Further company coverage: [EMBRACb.ST]

 (Gdansk Newsroom)

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