World War Z

Embracer Group publishes Annual Report 2020/2021

Retrieved on: 
Wednesday, August 25, 2021
Kingdoms of Amalur: Reckoning, Publishing, TimeSplitters, DECA, Metro, Group, Embracer Group, THQ Nordic, ATV, MX, DECA Games, Darksiders, Saints Row, Nasdaq, Kingdom, The Annual Report, Saber Interactive, Koch Media, Annual report, World War Z, Coffee Stain Studios, Video game

STOCKHOLM, Aug. 25, 2021 /PRNewswire/ -- Embracer Group today publishes its Annual Report for the financial year 2020/2021.

Key Points: 
  • STOCKHOLM, Aug. 25, 2021 /PRNewswire/ -- Embracer Group today publishes its Annual Report for the financial year 2020/2021.
  • The Annual Report is attached to this press release and available on the company's website: https://embracer.com/investors/reports-presentations/ .
  • A digital and brief version of the Annual Report is also available on the company's website: https://embracer.com/year-in-brief-21 .
  • Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.

Invitation to presentation of Embracer Group's Q1 report

Retrieved on: 
Wednesday, August 11, 2021
Online, DECA Games, Kingdoms of Amalur: Reckoning, Metro, Deep Silver, DECA, Health, Kingdom, Darksiders, Embracer Group, YouTube, Publishing, ATV, TimeSplitters, Q&A, World War Z, CEST, MX, THQ Nordic, Koch Media, Group, Nasdaq, Coronavirus, Saber Interactive, Webcast, Saints Row, Marketing, Video game

STOCKHOLM, Aug. 11, 2021 /PRNewswire/ -- Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the first quarter, the period April-June 2021.

Key Points: 
  • STOCKHOLM, Aug. 11, 2021 /PRNewswire/ -- Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the first quarter, the period April-June 2021.
  • Embracer Group safeguards stakeholders' health and strives to help limit the spread of the coronavirus, as well as comply with applicable restrictions and regulatory recommendations.
  • The presentation will therefore only be held digitally without the possibility of personal presence.
  • Questions are welcome in advance by e-mail to: [email protected] and live during the presentation via a message board (not available at YouTube).

Embracer Group acquires Grimfrost

Retrieved on: 
Thursday, August 5, 2021
Metro, Chief executive officer, Kingdom, Koch Media, History, THQ Nordic, MX, Publishing, Partnership, Kingdoms of Amalur: Reckoning, Darksiders, DECA Games, TimeSplitters, Game of Thrones, Saber Interactive, ATV, World War Z, Saints Row, Deep Silver, Museum, Knowledge, Nasdaq, Deca, FTE, Acquisition, Group, Management, Marketing, Video game

STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- Embracer Group AB[1] ("Embracer") has entered into an agreement with the owners of Varyag Group AB (doing business as Grimfrost) to acquire 70 percent of Varyag Group AB.

Key Points: 
  • STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- Embracer Group AB[1] ("Embracer") has entered into an agreement with the owners of Varyag Group AB (doing business as Grimfrost) to acquire 70 percent of Varyag Group AB.
  • Importantly, with Grimfrost being headquartered in the home of Embracer, Vrmland, it adds to our growing Swedish-based group of companies,"says Lars Wingefors, Founder and Group CEO of Embracer Group.
  • Through the partnership, Embracer will facilitate Grimfrost to better position itself for international markets, team expansion and product development, enabling Grimfrost to capitalize on current potential and unmet demand.
  • Subscribe to press releases and financial information: https://embracer.com/investors/subscription/
    Representatives from Embracer Group will participate in a webcast presentation today at 09.00 CET.

Invitation to presentation starting at 09:00 (CET)

Retrieved on: 
Thursday, August 5, 2021
Online, Metro, Webcast, Kingdom, Koch Media, Embracer Group, THQ Nordic, MX, Publishing, Kingdoms of Amalur: Reckoning, Darksiders, DECA Games, YouTube, TimeSplitters, Saber Interactive, ATV, World War Z, Q&A, Saints Row, Deep Silver, Nasdaq, Deca, Group, Marketing, Video game

STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- The presentation will be held in English by CEO Lars Wingefors accompanied by the management of the acquired companies. A Q&A session will follow the presentation. 

Key Points: 
  • STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- The presentation will be held in English by CEO Lars Wingefors accompanied by the management of the acquired companies.
  • A Q&A session will follow the presentation.
  • Online:Welcome to participate online via Embracer Group's official YouTube channel or by webcast.
  • Questions are welcome in advance by e-mail to: [email protected] and live during the presentation via a message board (not available at YouTube).

Eight Announced Acquisitions Contribute an Estimated SEK 2,000-3,000 Million in Net Sales and SEK 350-550 Million in Operational EBIT During FY2022/23

Retrieved on: 
Thursday, August 5, 2021
Trigger, Metro, Koch Media, IP, Force field, MX, SEK, DECA Games, Transaction, Deep Silver, IPS, Decision-making, Ghost ship, Slipgate Ironworks, Vertigo, Publishing, Review, Deep Rock Galactic, Saber Interactive, PPA, Group, Deca, Partnership, Darksiders, THQ Nordic, VR, Female, World War Z, Coffee Stain Studios, Acquisition, Operational definition, Forward-looking statement, Kingdom, EBIT, Kingdoms of Amalur: Reckoning, Appetite, TimeSplitters, ATV, Coffee, Saints Row, 3D Realms, Nasdaq, Family, Video game, Security (finance), Management, Marketing, Airline, Bank, Public relations, Cryptocurrency

The acquired businesses are expected to contribute to Embracer's net sales in the range of SEK 2,000-3,000 million and to Operational EBIT in the range of SEK 350-550 million during the next financial year, ending March 31, 2023.

Key Points: 
  • The acquired businesses are expected to contribute to Embracer's net sales in the range of SEK 2,000-3,000 million and to Operational EBIT in the range of SEK 350-550 million during the next financial year, ending March 31, 2023.
  • Crazy Labs is the most impactful contributor, both in net sales and Operational EBIT, and is estimated to be completed in the back end of the current quarter ending September 30, 2021.
  • Approximately SEK 2.1 billion is paid in cash and SEK 0.6 billion is paid in newly issued Embracer B shares.
  • To achieve the maximum consideration milestone on year five, the acquired companies combined must exceed SEK 1 billion in Operational EBIT for the financial year ending March 2026 plus achieving certain operational targets.