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Onsdag 28 Oktober | 20:02:27 Europe / Stockholm

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Embracer Group - Higher confidence

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Embracer Group - Higher confidence

2023-08-21 13:40:00

Redeye provides an update post Embracers Q1 2023/24 results. The report showed impressive 20% organic growth, which was much stronger than expected, although Adj EBIT came in slightly below estimates due to weaker margin levels in PC/console and Tabletop. Despite somewhat weaker results, management reiterated its guidance for FY 2023/24e with stronger confidence than before.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/