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    Rasmus Engberg

    Senior Analyst at Kepler Cheuvreux

    Rasmus Engberg is a Senior Analyst at Kepler Cheuvreux, specializing in gaming and technology sector research with a focus on Nordic companies. He covers leading firms such as Embracer Group, Verve Group SE, and Enad Global 7, providing detailed financial analyses and market recommendations for investors. Engberg has been with Kepler Cheuvreux for several years and is known for his in-depth coverage and frequent hosting of earnings calls, having established himself as a key voice for institutional investor insights within the gaming sector. His professional credentials include active analyst roles across major Nordic equity markets, though information on securities licenses or specific rank-based performance metrics is not publicly available.

    Rasmus Engberg's questions to Embracer Group AB/ADR (EBCRY) leadership

    Rasmus Engberg's questions to Embracer Group AB/ADR (EBCRY) leadership • Q4 2025

    Question

    Rasmus Engberg followed up on the Q2 outlook, suggesting that the announced release slate, including Killing Floor 3, appeared to be a significant step-up from Q1, contrary to the 'muted' commentary.

    Answer

    CEO Lars Wingefors acknowledged the point and clarified his earlier comment, confirming that Killing Floor 3, as a AAA title, indeed has a 'significant complete value' that will be recognized in the second quarter.

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    Rasmus Engberg's questions to Embracer Group AB/ADR (EBCRY) leadership • Q2 2025

    Question

    Rasmus Engberg pointed out a significant drop in 'other revenues' within the PC/Console segment and asked if this represented a new baseline. He also inquired how the divestment of Easybrain would impact the growth characteristics of the remaining Coffee Stain & Friends entity.

    Answer

    CEO Lars Wingefors confirmed that the decline in 'other revenues' is almost entirely related to the divestitures of Saber Interactive and Gearbox. He also stated that the disposal of the mobile business would have a positive impact on the growth profile of the remaining Coffee Stain entity.

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