Embracer preview Q3 2023/24: Tabletop and back-catalogue driven quarter
Research Note
2024-02-08
06:54
Redeye updates on Embracer ahead of Q3-results (due 15 February) where growth will be driven by the Tabletop segment. While PC/Console sales will be back-catalogue driven the segment could start to see benefits from the ongoing restructuring program. We slightly trim our estimates ahead of the report while we leave our valuation range unchanged.
HA
TO
Hjalmar Ahlberg
Tomas Otterbeck
Disclosures and disclaimers