Embracer Group: First comment, smashing estimates
Research Note
2019-11-14
14:32
Embracer Group crushed our estimates during Q2; the backlog sales were especially strong thanks to the continued performance of Metro Exodus, Kingdom Come Deliverance, Satisfactory and digital sales of older games. Embracer continues to invest for future growth, and we can undoubtedly say that the prospects look bright.
KL
TO
Kristoffer Lindström
Tomas Otterbeck
Disclosures and disclaimers