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Finance

Embracer tops quarterly profit estimates, plans to split into two listed companies

Published by Global Banking & Finance Review

Posted on May 20, 2026

1 min read

· Last updated: May 20, 2026

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Embracer plans another spin off as Q4 profit beats estimates

Embracer's Financial Results and Strategic Moves

Q4 Operating Profit Exceeds Expectations

May 20 (Reuters) - Swedish gaming company Embracer on Wednesday reported a quarterly operating profit above analysts' estimates and said it would split into two publicly listed companies.

Embracer reported an adjusted operating profit of 360 million Swedish crowns ($38.3 million) for its fiscal fourth quarter, while analysts polled by it were expecting 263 million crowns on average.

Upcoming Spin-Off and Listing Plans

Fellowship Entertainment Spin-Off

The group, fresh out of last year's split into three listed companies, said it would spin off Fellowship Entertainment with a listing on Nasdaq Stockholm. The listing is planned for calendar year 2027.

Share Buyback Programme

The Tomb Raider franchise owner also announced a share buyback programme of up to 750 million crowns.

Currency Exchange Rate

($1 = 9.4105 Swedish crowns)

Reporting Credits

(Reporting by Vera Dvorakova in Gdansk; Editing by Milla Nissi-Prussak)

Key Takeaways

  • Embracer delivered an adjusted operating profit of SEK 528 million—significantly above the approximately SEK 336 million analysts expected—driven by continued revenue from back‑catalog titles (marketscreener.com).
  • The group has finalized its restructuring: board‑game business Asmodee listed in early 2025; Coffee Stain Group spun off in December 2025; the remaining business renamed Fellowship Entertainment (marketscreener.com).
  • The restructuring enables each unit—Asmodee, Coffee Stain, and Fellowship—to pursue focused strategies and unlock shareholder value as standalone publicly listed companies (embracer.com)

References

Frequently Asked Questions

What did Embracer report in its recent quarterly results?
Embracer reported a quarterly operating profit above analysts' estimates.
What significant announcement did Embracer make?
Embracer announced plans to split into two publicly listed companies.
Who reported the news about Embracer's profit and split?
The news was reported by Vera Dvorakova in Gdansk and edited by Milla Nissi-Prussak.
Where is Embracer based?
Embracer is a Swedish gaming company.

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