Brief: Embracer Says Coffee Stain Group To Be Spun Off In 2025

Embracer AB

22/05/2025 06:21

May 22 (Reuters) - Embracer Group AB EMBRACb.ST:

Q4 NET SALES SEK 5,386 MILLION VERSUS SEK 5,411 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

Q4 ADJUSTED. EBIT SEK 1,077 MILLION VERSUS SEK 940 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

Q4 ADJUSTED. EBIT MARGIN 20%

ON TARIFFS: EXPOSURE IS ESTIMATED AT AROUND 2% ON AN ADJUSTED EBIT BASIS AND IS CONCENTRATED TO OUR ENTERTAINMENT & SERVICES SEGMENT

COFFEE STAIN GROUP TO BE SPUN OFF IN 2025

PLAN TO DISTRIBUTE COFFEE STAIN GROUP SHARES TO EMBRACER'S SHAREHOLDERS AND LISTING IT ON NASDAQ FIRST NORTH PREMIER GROWTH MARKET IN STOCKHOLM

EMBRACER WILL AT TIME OF SEPARATION OF COFFEE STAIN GROUP BE RENAMED FELLOWSHIP ENTERTAINMENT

IN Q1 FY 2025/26, WE EXPECT A RELATIVELY STABLE ADJUSTED EBIT YOY IN PC/CONSOLE GAMES SEGMENT

IN Q1 FY 2025/26 EXPECT NO SIGNIFICANT NEW RELEASES IN QUARTER IN PC/CONSOLE GAMES SEGMENT

VALUE OF COMPLETED GAMES DEVELOPMENT WITHIN PC/ CONSOLE EXPECTED TO REACH AROUND SEK 3.8 BILLION IN FY 2025/26, OF WHICH SEK 0.3 BILLION IN Q1

FOR MOBILE GAMES SEGMENT, WE EXPECT LIMITED TOPLINE GROWTH YOY ON A PRO FORMA BASIS

FOR ENTERTAINMENT & SERVICES SEGMENT, WE EXPECT NO ADJUSTED EBIT CONTRIBUTION IN Q1

WE EXPECT TO RELEASE 76 DIFFERENT GAMES DURING FY 2025/26

KILLING FLOOR 3 IS NOW SCHEDULED FOR Q2, WITH A 24 JULY RELEASE DATE

MARVEL 1943: RISE OF HYDRA IS NOW SCHEDULED LATE IN FY 2025/26

FOR THIRD AAA TITLE IN FY 2025/26, MANAGEMENT NOW TAKING MORE PRUDENT VIEW THAT GAME WILL LIKELY NEED FEW MORE QS TO POLISH, WOULD RELEASE IN FY 2026/27

Source text: ID:nMFN69FSHK

Further company coverage: [EMBRACb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))