May 20 (Reuters) - Embracer Group AB EMBRACb.ST:
Q4 NET SALES SEK 3,931 MILLION VERSUS SEK 3,861 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS
IN Q1, WE EXPECT A NEGATIVE CASH EBIT, SIMILAR TO Q1 LAST YEAR
Q4 ADJUSTED EBIT SEK 360 MILLION VERSUS SEK 263 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS
LOOKING INTO FY 2026/27, WE CURRENTLY EXPECT TO GENERATE CASH EBIT OF AT LEAST SEK 1.0 BILLION
WE EXPECT A STRONG YEAR OF CASH GENERATION, DRIVEN BY THE UNDERLYING BUSINESS AND NEW RELEASES
WE CURRENTLY SEE THAT FELLOWSHIP ENTERTAINMENT WILL HAVE AT LEAST TWO MAJOR GAME RELEASES WITH FULL ECONOMICS PER YEAR STARTING IN FY 2027/28
Source text: ID:nMFN67JWll
Further company coverage: [EMBRACb.ST]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))