Business
EMBRAC_B: Q1 sales fell 31% year-over-year; focus shifts to core IPs and Coffee Stain spin-off in 2025
EMBRAC_B: Q1 sales fell 31% year-over-year; focus shifts to core IPs and Coffee Stain spin-off in 2025

About this update from Embracer Group Ab Class B
Q1 net sales declined 31% year-over-year to SEK 3.4 billion, with adjusted EBIT at SEK 75 million, reflecting a quiet release quarter and divestments. The group is transitioning to focus on core IPs, expects at least SEK 1 billion adjusted EBIT for FY 2025-2026, and is preparing for the Coffee Stain spin-off in 2025.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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