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    Viktor Lindström

    Research Analyst at Nordea Markets

    Viktor Lindström is an Equity Analyst at Nordea Markets, specializing in Nordic equities with a particular focus on covering companies such as Embracer Group AB. While detailed performance metrics and platform rankings are not publicly available, he regularly participates in earnings calls and contributes projections to industry consensus estimates, most recently for MTG, where his insights have informed institutional investment strategies. Lindström began his analyst career prior to joining Nordea Markets, where he has established himself through sector-specific expertise and active involvement in Nordic market research. Formal industry credentials and professional licenses are not explicitly documented, but his ongoing analyst role at Nordea underscores his established presence in the field.

    Viktor Lindström's questions to Embracer Group AB/ADR (EBCRY) leadership

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

    Question

    Viktor Lindström inquired about the underlying PC/Console margins excluding the impact of Kingdom Come: Deliverance II, the balance between game amortization and back-catalog revenue, and the strategic rationale for the revised Coffee Stain Group spin-off.

    Answer

    CEO Lars Wingefors explained that excluding the highly successful Kingdom Come: Deliverance II, the PC/Console segment had minimal profitability, which was primarily driven by the back catalog rather than other new releases. He noted that while some amortizations are painful, the goal is to improve ROI over time. Regarding the spin-off, he stated the aim is to create a focused, independent Coffee Stain Group with a strong culture, which is the 'most wise decision' for the business and its shareholders.

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