TimeSplitters

Embracer Group completes the acquisition of Asmodee

Retrieved on: 
Tuesday, March 8, 2022
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STOCKHOLM, March 8, 2022 /PRNewswire/ -- On 15 December 2021, Embracer Group AB ("Embracer") entered into exclusive negotiations to acquire Financire Amuse Topco SAS ("Asmodee") from funds advised or managed by PAI Partners SAS ("PAI") and other shareholders of Asmodee.

Key Points: 
  • STOCKHOLM, March 8, 2022 /PRNewswire/ -- On 15 December 2021, Embracer Group AB ("Embracer") entered into exclusive negotiations to acquire Financire Amuse Topco SAS ("Asmodee") from funds advised or managed by PAI Partners SAS ("PAI") and other shareholders of Asmodee.
  • On 17 January 2022 Embracer, PAI and the other shareholders of Asmodee entered into a share purchase agreement to complete the transaction.
  • Asmodee now operates as the ninth operative group of Embracer, moving Embracer towards becoming a leading independent global gaming eco-system.
  • 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 Q3 report

Retrieved on: 
Wednesday, February 9, 2022
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STOCKHOLM, Feb. 9, 2022 /PRNewswire/ -- Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the third quarter, the period October-December 2021.

Key Points: 
  • STOCKHOLM, Feb. 9, 2022 /PRNewswire/ -- Embracer Group hereby invites you to a presentation in connection with the publication of the interim report for the third quarter, the period October-December 2021.
  • 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 on YouTube).
  • Embracer Group's shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser; [email protected] +46-8-528 00 399.

Announcement from Embracer Group's extra general meeting

Retrieved on: 
Friday, January 7, 2022
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STOCKHOLM, Jan. 7, 2022 /PRNewswire/ -- The extra general meeting of Embracer Group AB ("Embracer"or the"Company") was held today on7 January2022,and the following resolutions were passed by the meeting.

Key Points: 
  • STOCKHOLM, Jan. 7, 2022 /PRNewswire/ -- The extra general meeting of Embracer Group AB ("Embracer"or the"Company") was held today on7 January2022,and the following resolutions were passed by the meeting.
  • Following registration at the Swedish Companies Registration Office, this authorization will replace the authorization resolved upon by the extra general meeting held on16 September2021, under which there are still32,052,854shares left to issue.
  • Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.
  • Embracer Group's shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser; [email protected] +46-8-528 00 399.

Five announced acquisitions are estimated to contribute SEK 246-316 million in operational EBIT during FY22/23 and SEK 519-689 million during FY23/24

Retrieved on: 
Tuesday, December 21, 2021
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The acquired businesses are expected to contribute to operational EBIT in the range of SEK 246-316 million during FY 22/23 and SEK 519-689 during FY 23/24.

Key Points: 
  • The acquired businesses are expected to contribute to operational EBIT in the range of SEK 246-316 million during FY 22/23 and SEK 519-689 during FY 23/24.
  • Approximately SEK 2.3 billion is paid in cash and approximately SEK 770 million is paid in newly issued Embracer B shares.
  • The additional consideration comprises of a maximum of approximately SEK 720 million to be paid in cash and approximately SEK 230 million to be paid in Embracer B shares.
  • Thus, the price per share ranges from SEK 90.50 to SEK 91.94.

Embracer Group enters into agreement to aquire Spotfilm Networx

Retrieved on: 
Tuesday, December 21, 2021
Metro, Kingdoms of Amalur: Reckoning, EBIT, Koch Media, Video, User (computing), THQ Nordic, MX, Embracer Group, Deep Silver, ATV, FY, SVOD, YouTube, Nasdaq, Publishing, Kingdom, Saints Row, Darksiders, TimeSplitters, DECA Games, DECA, World War Z, Group, Saber Interactive, AVOD, News, Video game, Wreckfest

STOCKHOLM, Dec. 21, 2021 /PRNewswire/-- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Koch Media GmbH, has acquired 100 percent of the shares in Spotfilm Networx GmbH ("Spotfilm Networx") from its five current owners.

Key Points: 
  • STOCKHOLM, Dec. 21, 2021 /PRNewswire/-- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Koch Media GmbH, has acquired 100 percent of the shares in Spotfilm Networx GmbH ("Spotfilm Networx") from its five current owners.
  • Spotfilm Networx is the leading Advertising-based Video on Demand (AVOD) channel network in Germany, located in Berlin.
  • Spotfilm Networx is the leading AVOD channel operator in Germany, located in Berlin, Germany.
  • Spotfilm Networx will be a full operating subsidiary under the Koch Media operative group, and will continue its operations out of their current facilities.

Invitation to Embracer Group's presentation on acquisitions at 09:00 (CET)

Retrieved on: 
Tuesday, December 21, 2021
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The presentation will be held in English by CEO LarsWingeforsandby the management ofthe acquired companies.A Q&A session will follow the presentation.

Key Points: 
  • The presentation will be held in English by CEO LarsWingeforsandby the management ofthe acquired companies.A Q&A session will follow the presentation.
  • Online: Welcome toparticipate onlinevia Embracer Group'sofficial YouTubechannel or by webcast.
  • Questionscan be sentin advance by e-mail to: [email protected] and live during the presentation via a message board (not availableonYouTube).
  • Embracer Group is the parent company of businesses developing and publishing PC,consoleand mobile games for the global games market.

Embracer Group enters into agreement to acquire DIGIC

Retrieved on: 
Tuesday, December 21, 2021
Metro, Kingdoms of Amalur: Reckoning, Koch Media, Review, THQ Nordic, MX, Deep Silver, ATV, Nasdaq, Publishing, Forward-looking statement, Kingdom, Saints Row, Darksiders, TimeSplitters, DECA Games, DECA, World War Z, Group, Saber Interactive, Video game, Cryptocurrency, Public relations, Wreckfest, Embracer Group

Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.

Key Points: 
  • Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.
  • The Group has 86 internal game development studios and is engaging more than 9,000 employees and contracted employees in more than 40 countries.
  • Subscribe to press releases and financial information:
    The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions.
  • This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Embracer in any jurisdiction, neither from Embracer nor from someone else.

Embracer Group acquires Shiver Entertainment

Retrieved on: 
Tuesday, December 21, 2021
Metro, Kingdoms of Amalur: Reckoning, Koch Media, Review, THQ Nordic, MX, Deep Silver, ATV, Nasdaq, Publishing, Forward-looking statement, Kingdom, Saints Row, Darksiders, TimeSplitters, DECA Games, DECA, World War Z, Group, Saber Interactive, Video game, Cryptocurrency, Public relations, Wreckfest, Embracer Group

Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.

Key Points: 
  • Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market.
  • With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its eight operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment and Easybrain.
  • The Group has 86 internal game development studios and is engaging more than 9,000 employees and contracted employees in more than 40 countries.
  • This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Embracer in any jurisdiction, neither from Embracer nor from someone else.

Invitation to Embracer Group's presentation about the acquisition of Asmodee at 08:15 (CET)

Retrieved on: 
Wednesday, December 15, 2021
Online, Embracer Group, Publishing, Food, Kingdoms of Amalur: Reckoning, Saber Interactive, THQ Nordic, DECA Games, Group, Nasdaq, Darksiders, PAI Partners, Stockholm, Saints Row, Risk, Research, TimeSplitters, Koch Media, MX, Kingdom, Metro, Coronavirus, World War Z, COVID-19, Consumer, ATV, YouTube, Deep Silver, DECA, Webcast, Q&A, Health, Marketing, Video game, Wreckfest, Asmodee

A Q&A session will follow the presentation, led by an equity research analyst covering Embracer Group.

Key Points: 
  • A Q&A session will follow the presentation, led by an equity research analyst covering Embracer Group.
  • 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.
  • Any stakeholders displaying symptoms of illness or being a part of a risk group are asked not to participate personally.
  • Questions can be sent in advance by e-mail to: [email protected] and live during the presentation via a message board (not available on YouTube).

Embracer Group publishes Interim Report Q2 2021: O PERATIONAL EBIT INCREASED 49% TO SEK 973 MILLION

Retrieved on: 
Wednesday, November 17, 2021
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We forecast Operational EBIT: FY 21/22 SEK 4,300-4,700 million, FY 22/23 SEK 7,000-8,500 million, FY 23/24 SEK 7,500-10,000 million.

Key Points: 
  • We forecast Operational EBIT: FY 21/22 SEK 4,300-4,700 million, FY 22/23 SEK 7,000-8,500 million, FY 23/24 SEK 7,500-10,000 million.
  • Group net sales increased by 38% to SEK 3,296 million (2,383), whereof the Games business area contributed SEK 2,831 million (1,495), an 89% increase.
  • Operational EBIT grew by 49% to SEK 973 million (652) with an increasing Operational EBIT margin of 30% (27%).
  • Cash flow from operating activities amounted to SEK 1,024 million (805) and investments in game development amounted to a record SEK 881 million (445) to drive future organic growth.