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Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains

CEO Lars Wingefors says past fiscal year was "transformative" as group presses on towards three-way split Embracer has released its full-year financial results, showing a rise in overall sales despite a slow final quarter. The company reported net sales of SEK 42.2 billion ($3.9 billion) for the full fiscal year, a rise of 12% year-on-year. Sales for the three months ended March 31, 2024 came in at SEK 8.9 billion ($830.9 million), down 5% compared to the same period last year. The group's deb...

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