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Embracer Group: Restructuring program announced - Redeye

Redeye comments on Embracer Groups restructuring initiatives for FY 2023/24e, starting immediately with full effects expected from FY 2024/25e. Concentrating on cost savings, efficient capital allocation, studio closures, and operational improvements. Thus, management expects these initiatives to reduce the net debt towards SEK10bn by the end of FY 2023/24e.

Redeye comments on Embracer Groups restructuring initiatives for FY 2023/24e, starting immediately with full effects expected from FY 2024/25e. Concentrating on cost savings, efficient capital allocation, studio closures, and operational improvements. Thus, management expects these initiatives to reduce the net debt towards SEK10bn by the end of FY 2023/24e.
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