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: 62/100

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Embracer Group AB to Discuss Reflection on Impact of COVID-19 and Management Update Call Transcript

Apr 06, 2020 / 08:30AM GMT

Release Date Price: kr47.79 (+1.64%)

Transcript

Operator

Hello, and welcome to the Embracer Group call.

(Operator Instructions)

Today, I'm pleased to present the CEO, Lars Wingefors. Please begin your meeting.

Lars Wingefors;publ;Founder

Embracer Group AB;CEO & Director

()- -

Hello, and welcome, everyone. So this call, regards to the impact of the COVID-19 situation along with the management update for the business. Thank you for taking the time.

Turning to Page 2. I would like to start with -- to say that I'm very proud of the Embracer organization in these difficult times. I think our employees have risen to the occasion and this situation has underlined the strength of our decentralized model, business model. Obviously, the health of our employees are the #1 priority. But I know that you would like to also understand how the situation are impacting the business. And I would say that the overall impact of the group business are limited. If we talk about the work done by the employees, it -- most employees are now working from home, this goes

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