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Embracer Group publishes Full Year Report and Q4, January-March 2021: Operational EBIT Increased 216% to SEK 903 Million


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In this report, all figures in brackets refer to the corresponding period of the previous year, unless otherwise stated.
CEO Comments
STABLE QUARTER WITH 85% ORGANIC GROWTH
The Group had another stable quarter. We are humbled to report record financial performance, both for the quarter and the financial year 2020/21. Our strategy to build a diverse business that stands on many revenue streams driven by a diverse portfolio of development is increasingly paying off.
The quarter was driven by the release of Valheim, selling more than 6.8 million copies during the period. This truly amazing game continues to find new players globally and we expect another 1.0-1.2 million copies to be sold before the close of the current quarter ending June. Group net sales increased by 80% to SEK 2,404 million (1,339) with the Games business area contributing SEK 1,975 million (904) driven by 85% organic constant currency (CCY) growth. The proforma CCY growth in the quarter is e ....

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