Embracer Group AB (EMBRAC_B) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. And good morning, everyone. And thank you for joining our webcast today. And let's just take a moment to set the scene on the performance today, but really the performance of Kingdom Come Deliverance 2, which 5 million copies sold. That was announced today, but actually achieved within the first year from launch. Now, we've talked a lot about Core IP at our recent conferences, and I think this is a great example of a Core IP, an owned IP created by our studio, Warhorse, based in Prague, and a studio sitting at the center of our future strategy as we build out games delighting millions of players around the world. Keeping on the game theme, last night, European time, the press embargo lifted for Re-Animal, We're now one day from launch. We have a strong set of reviews from critics. The most important steps of course are ahead and this is getting the game into the hands of gamers. It really does bode well for horror adventure fans for Friday the 13th. But now we'll come to look at our highlights for Q3. Overall, our group three results reflect delivery above plan on both revenue and adjusted EBIT. Total net sales were 5.2 billion sec, an 8% organic drop year over year, which we'll see today comes across from all of our segments, but mainly in entertainment and services, which had some tough comps against Q3 fiscal 24, 25. Important to note that all the numbers shown here are now fully excluding CoffeeStain, which, as a spin-out, is treated as a discontinued operation. From a business perspective, our Q3 results were driven by our core IPs within PC Console and seasonal strength within entertainment and services and mobile. Kingdom Come Deliverance was the main driver, and it's great to see again the team's strong execution, aligning marketing and seasonal pr...