THE TRUTH ABOUT: Embracer group ab publ q4 earnings call highlights | History Defined

Embracer Group AB (publ) (LON:0GFE) reported fourth-quarter results above management’s plan and outlined a proposed separation that would create two listed companies, with a spin-off of its IP-focused Fellowship Entertainment business targeted for 2027.

Chief Executive Officer Phil Rogers said quarterly net sales totaled SEK 3.9 billion, representing a 10% organic decline year over year, largely because the PC/console segment faced a difficult comparison with the prior-year launch of Kingdom Come: Deliverance II. Mobile and Entertainment & Services delivered growth in the quarter, while full-year net sales were SEK 15.9 billion and adjusted EBIT was SEK 905 million, above the company’s forecast.