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  • Embracer sales drop 24% to $754m due to tough comparisons with Dead Island 2James Batchelor
    Embracer Group has released its financial results for the first quarter of its fiscal year, with net sales dropping 24% year-on-year to SEK 7.9 billion ($754 million).There were also sales declines across its mobile, tabletop and entertainment divisions, but the company said these were in line with expectations due to a quieter release slate compared to the same quarter last year.Most notably, PC and console games suffered a 34% decline due to comparisons with calendar Q2 2023, when Plaion rele
     

Embracer sales drop 24% to $754m due to tough comparisons with Dead Island 2

Embracer Group has released its financial results for the first quarter of its fiscal year, with net sales dropping 24% year-on-year to SEK 7.9 billion ($754 million).

There were also sales declines across its mobile, tabletop and entertainment divisions, but the company said these were in line with expectations due to a quieter release slate compared to the same quarter last year.

Most notably, PC and console games suffered a 34% decline due to comparisons with calendar Q2 2023, when Plaion released the best-selling Dead Island 2.

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Embracer Q1 2024: Sales and company debt lower while the LOTR MMO gets a mention

19. Srpen 2024 v 16:30
If you were hoping for some form of revelation for Embracer Group’s slate of MMOs to come out of the company’s April-to-June investor report for 2024, you should probably temper your expectations, as most of what our readers care about appears to be dangled carrots for the investor board instead of hard plans. We’ll start […]
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