Analysts and Estimates

The estimates presented are delivered from Infront and based on predictions made by analysts who cover Embracer Group. We would like to point out that these analysts' estimates, forecasts, or opinions are theirs alone and do not represent Embracer Group or its management. This means that Embracer Group cannot guarantee and does not take responsibility for the information being correct, complete and up to date.

Analysts

Company NamePhoneMail
CarnegieOscar Erixonoscar.erixon@carnegie.se
Berenberg Benjamin May+44 20 346 52 667benjamin.may@berenberg.com
BernsteinMatti Littunen+44 207 170 50 09matti.littunen@bernstein.com
Pareto SecuritiesJoakim WalldofJoakim.Walldof@paretosec.com
RedeyeTomas Otterbeckn/atomas.otterbeck@redeye.se
ABG Sundal CollierSimon Jönsson+46 8 566 286 89simon.jonsson@abgsc.se
CitiThomas A Singlehurst+44 20 7986 4051thomas.singlehurst@citi.com
Kepler CheuvreuxMathias Lundberg+46 73 053 26 51mlundberg@keplercheuvreux.com
Goldman Sachs InternationalAlexander Duval +44(20)7552-2995 alexander.duval@gs.com
HSBC Bank plcAli Naqvi ali.naqvi@hsbc.com
DNB Bank ASAMartin Arnell martin.arnell@dnb.se
BarclaysNick DempseyNick.Dempsey@barclays.com
Exane BNP ParibasNicolas Langletnicolas.langlet@exanebnpparibas.com
SHBRasmus Engbergrasmus.engberg@handelsbanken.se
BofA SecuritiesChirag Vadhia+44 (0) 20 7996 1050 chirag.vadhia@bofa.com
SEBJesper Birch-Jensen +46 8 763 70 39 jesper.birch-jensen@seb.se
Danske BankJacob Edler+46 8-568 805 23jedl@danskebank.se
NordeaMarlon Värnikmarlon.varnik@nordea.com
Raiffeisen Bank Jakub KrawczykJakub.Krawczyk@rbinternational.com

Note: Redeye is commissioned by Embracer Group.

Consensus Estimates

Contributors

Number of contributors: 15

Consensus recommendation

Buy 10
Hold
Sell 1

Note: The commissioned research analyst, Redeye do not have any buy, hold, or sell recommendation

Comments

Estimates are continually updated by Infront.
The consensus estimates show the median value.

Definitions

Operational D&A: Depreciation and amortization less M&A-related D&A.
M&A-related D&A: Depreciation and amortization relating to acquisitions.
Operational EBIT: EBIT excluding M&A-related D&A.

Contact

IR@embracer.com

Embracer Group is a parent company of businesses led by entrepreneurs in PC, console, mobile and board games and other related media. The Group has an extensive catalogue of over 850 owned or controlled franchises.

With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its ten operative groups: THQ Nordic, Koch Media, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, and Dark Horse. The Group has 119 internal game development studios and is engaging more than 12,500 employees and contracted employees in more than 40 countries.