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Embracer: Strong Organic Growth in Q1 - Redeye

Redeye comments on Embracers Q1. Embracer reported net sales and operating EBIT in line with consensus. The newly acquired business areas of Gearbox and Easybrain were well above consensus. At the beginning of August, Saber Interactive announced a minor delay of its Evil Dead game, which is one of the main reasons for the even more back-loaded fiscal year.

Redeye comments on Embracers Q1. Embracer reported net sales and operating EBIT in line with consensus. The newly acquired business areas of Gearbox and Easybrain were well above consensus. At the beginning of August, Saber Interactive announced a minor delay of its Evil Dead game, which is one of the main reasons for the even more back-loaded fiscal year.
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