THQ Nordic: Q5 preview, extraordinary Exodus

Research Note

2019-05-17

14:23

THQ Nordic will release their report for the fifth quarter of the extended financial year of 2018/19 on the 22nd of May. We expect strong growth and profit expansion mainly driven by Metro Exodus, Satisfactory, and a strong line-up at Partner Publishing. THQ Nordic’s management team continues to show their profound competence in terms of capital allocation and value-adding acquisitions. With significant cash position, E3 around the corner, 77+ ongoing game development projects, and the most intriguing game releases to come; we have a positive view of THQ Nordic’s prospects.

KL

TO

Kristoffer Lindström

Tomas Otterbeck

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