Nov 14, 2024 / 08:00AM GMT
Martin Arnell - Martin Arnell - Analyst
My name is Martin Arnell, and I'm an equity analyst with DNB Markets in Stockholm. I'm here to moderate the Q&A presentation and introduce management today. (Event Instructions)
And with that, I want to hand over to CEO and President, Lars Wingefors.
Lars Wingefors - Embracer Group AB - Chief Executive Officer, Co-Founder, Director
Thank you, Martin, and welcome, everyone, to this morning in Stockholm. I will take you through our performance in the second quarter, followed by deeper information about the Easybrain transaction announced this morning. So in the quarter, we achieved SEK8.5 billion of net sales, which is a decline year-over-year and an adjusted EBIT of SEK1.2 billion. The difference between this year and last year is all made up of the two significant releases of Remnant and Payday we had in the previous year. The free cash flow came in a bit negative at minus SEK500 million due to increased working capital because of inventory buildup.
On a trailing 12-month basis, our free cash flow
Q2 2025 Embracer Group AB Earnings Call Transcript
Nov 14, 2024
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