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
Disclosures and disclaimers