Bildkälla: Stockfoto

Embracer Group: Higher sales but weak profitability - Redeye

Redeye comments on Embracers Q3 2022/23 report. Net sales came in 6% higher than our estimates, while Adj EBIT was well below. The lower results than anticipated is due to a less favorable product mix and particularly lower profitability levels in the high-margin PC/Console segment. However, Embracer reiterates its guidance for FY 2022/23e and 2023/24e.

Redeye comments on Embracers Q3 2022/23 report. Net sales came in 6% higher than our estimates, while Adj EBIT was well below. The lower results than anticipated is due to a less favorable product mix and particularly lower profitability levels in the high-margin PC/Console segment. However, Embracer reiterates its guidance for FY 2022/23e and 2023/24e.
Börsvärldens nyhetsbrev
ANNONSER