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Embracer: Q1’22/23 - Weaker profitability and five new acquisitions - Redeye

Redeye comments on Embracers Q1 2022/23 report. Net sales came in 1% higher than our estimates, while Operational EBIT was 8% below. However, this is a small quarter for Embracer, and more importantly, Embracer reiterates its FY guidance for 2022/23 and 2023/24.

Redeye comments on Embracers Q1 2022/23 report. Net sales came in 1% higher than our estimates, while Operational EBIT was 8% below. However, this is a small quarter for Embracer, and more importantly, Embracer reiterates its FY guidance for 2022/23 and 2023/24.
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