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Embracer Q3 Report.pdf

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Preview of Embracer Q3 Report
🔗 Source: embracer.com
📊 Size: 3.14 MB
📄 Pages: 30 pages
⬇️ Downloads: 78

Summary

Embracer Group AB's net sales increased by 89% to SEK 2,383.2 million, with the Games business area contributing SEK 1,495.4 million, driven by 61% organic growth. Operational EBIT increased 171% to SEK 652.5 million, driven by strong back catalogue sales and improved quality of new releases. The company expects the total value of completed games released to be SEK 1,000-1,100 million in the current financial year and anticipates another record year in the next financial year. Despite the COVID-19 pandemic, the company has maintained operations and seen no noticeable delays in game development. The outlook for the games market is positive, with the global market projected to generate USD 159 billion in 2020 and exceed USD 200 billion by 2023.

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Description

Embracer Group AB's net sales increased by 89% to SEK 2,383.2 million, with the Games business area contributing SEK 1,495.4 million, driven by 61% organic...

Technical Information

  • File Format: PDF
  • File Size: 3.14 MB
  • Pages: 30
  • Language: EN
  • Total Downloads: 78
  • Last Updated: 6 days ago

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