Embracer Group AB (THQQF) (Q2 2027) Earnings Call Highlights: Strong Organic Growth
Embracer Group AB (THQQF) reported Q2 net sales of SEK4.1 billion, up 20% organically. Cash EBIT improved to SEK203 million, with positive free cash flow of SEK55 million. Both segments performed above plan, but Fellowship Entertainment saw a 26% decline in net sales. Upcoming game releases are anticipated, but a cyber incident at Warhorse Studios poses potential risks. The company reiterated its full-year guidance of at least SEK1 billion Cash EBIT.
