Embracer Group: Q4 22/23 – Soft results and lowered guidance for 23/24e

Research Note

2023-05-24

07:49

Redeye comments on Embracers Q4 22/23 report, where Adj EBIT of SEK915m was already known from the preliminary financials and below expectations. However, Embracer also lowered its guidance for FY 23/24e and expects Adj EBIT of SEK7,000m-9,000m, below previous guidance of SEK10,300m-13,600m.

VL

TO

Viktor Lindström

Tomas Otterbeck

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