Its financial report for the fourth quarter and has published and for a whole year and Embracer Group. The document summed up a large -scale restructuring, which touched several thousand holding employees. The leadership also boasted the successes of its own games. For example, a collection of the first three Tomb Raider The company’s expectations surpassed.
Numbers and more
The net sales volume of the quarter, which ended on March 31, amounted to $ 827 million, which turned out to be 5 % lower than last year’s result. The same indicator for the year showed himself well – an increase of 12 % compared to the previous year, which resulted in $ 3.9 billion.
Embracer Holds on four “whales”, Nonukcasinosites.co.uk/independent-casinos/ of which, during the last financial year, tables and video games showed themselves in the best way. The first direction brought 1.4 billion (an increase of 13 %), and the second – 1.2 billion bucks (7 %growth). Compared to the mentioned segments, the sector of entertainment and services did not work much ($ 660 million), but showed the most rapid growth – 34 % per year. Mobile games have the result as follows – 551.2 million dollars, which is 2 % higher than last year.
Painful restructuring, begun in June 2023, came to an end. According to the CEO Embracer Lars Wingefors (Lars wingefors), the process ended with success. The next step will be the transformation of the holding into three independent companies – Asmodee, Coffee Stain & Friends And Middle-Earth Enterprises & Friends. There are no problems with this either. “Everything goes according to plan. The group has huge potential, and I am sure that the new structure will help to reveal it ", – inspires the leader.
1,583 employees were dismissed. About 3,000 people left the wing of the group after parting with Saber Interactive . Sales transaction Gearbox should end in the first quarter of the fiscal year.
To reduce the debt to 8 million Swedish crowns (745 million bucks) failed. After the completion of the sale of studios, the debt will be from $ 997 million to $ 1.04 billion.
In the fourth quarter, mainly non -anced projects were canceled Crystal Dynamics And ThQ Nordic. Pay over the grave of the new Deus Ex . We talked about other results here.
Updated circulation Dead Island 2 The company announced as part of the report – more than 3 million copies. Together with Game Pass, the audience of the zombie explosion exceeded 7 million people.