Embracer Group AB (OSTO:EMBRAC B)
kr 22.82 -1.4 (-5.78%) Market Cap: 30.81 Bil Enterprise Value: 48.53 Bil PE Ratio: 31.26 PB Ratio: 0.45 GF Score: 64/100
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Q1 2019 THQ Nordic AB Earnings Call Transcript

Aug 14, 2019 / 07:00AM GMT
Release Date Price: kr37.77 (+1.89%)
Oscar Erixon
Carnegie Investment Bank AB, Research Division - Financial Analyst

Hello. Welcome to this Q1 presentation for THQ Nordic. We have the CEO and founder, Lars Wingefors here, as always, which is a pleasure. Solid Q1 numbers, I think, and I think a record amount of acquisitions as well, 6 total acquisitions, of which some, I think, are larger than others. But one of the more interesting ones, Milestone, of course. And I think we have someone presenting here today as well. So without further ado, I'll leave it over to you, Lars. Please go ahead.

Lars Wingefors;publ;Founder
Embracer Group AB;CEO & Director

()- -

Thank you, Oscar, and good morning, everyone. I'm happy to announce another stable quarter. Our revenues grow 36% to over SEK 1.1 billion. Our operational grow close to 200% to SEK 204 million. The cash flow was also stable with SEK 441 million in the quarter. Overall, the quarter was driven by a very strong back catalog sales with a high digital sales percentage. Titles that drove the back-catalog

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