Embracer rises after stronger-than-expected Q1

Embracer AB

13/08/2026 08:37

** Shares in Embracer EMBRACb.ST surge around 18% after the Swedish video game maker posted Q1 forecast-beating results, citing solid momentum within both its new operating segments
** Its EBIT amounted to 151 million Swedish crowns ($15.8 million) beating analyst estimates of 69 million crowns
** The company repeated its 2026/2027 cash EBIT forecast of at least 1 billion crowns, adding that confidence in the guidance has improved after Q1 performance
** Redeye analysts say in a research note that the company's outlook is in line with the broker's current expectations 
** The broker adds that both operating segments Fellowship and Embracer ex Fellowship reported stronger Cash EBIT than expected


($1 = 9.5813 Swedish crowns)

 (Reporting by Marta Frackowiak)
 ((marta.frackowiak@thomsonreuters.com))