Share this article
Companies in this article
Embracer Group’s financial year is off to a solid start, with net sales of SEK 3.4 billion ($389 million) in the first quarter.
Overall net sales for the company were up 66% for the three months ended June 30 when compared to the same period last year. The bulk of this — SEK 2.96 billion ($339 million) — comes from its Games business, up 83% year-on-year.
THQ Nordic was the largest segment and showed the most growth, up 37% year-on-year to SEK 668.7 ($76.5 million).
This was largely attributed to the launch of Biomutant, which has sold more