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Embracer Group Interim Report: Q3 FY 2024/25

Embracer Group AB, a Karlstad, Sweden-based group of PC, console, mobile and related media businesses, published its Q3 FY 2024/25 interim report covering October-December 2024, with nine-month figures for April-December 2024 and comparisons to the same periods of 2023.

• Group Adjusted EBIT for the quarter was SEK 1,175 million, down 11% from SEK 1,318 million a year earlier, at a 16% margin.
• For the nine months, group net sales fell 22% to SEK 16,984 million, while Adjusted EBIT fell 42% to SEK 2,267 million.
• PC/Console Games net sales fell 23% in the quarter to SEK 2,603 million, while Entertainment & Services grew 19% to SEK 3,093 million.