Adjusted EBIT fell 33% from SEK1.81B last year to SEK1.21B this time round.
Embracer has also shed a large number of staff and lowered costs, as it seeks steadier footing.
We have many high-performing and efficient companies, several with industry leading margins.
Ismael Cruz Córdova as Arondir; Maxim Baldry as Isildur; Nia Towle as EstridPrime Video
Combined with fixed operating costs this creates unacceptable margins which we are firmly addressing ahead of the spin-offs.
