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Embracer Group AB: Redeye: Embracer Group - Pipeline in Focus

Redeye reiterates its positive view of Embracer Group. The Q4 report
was solid, and the update to the pipeline has not led to any
significant changes to our forecasts. A substantial amount of
available capital for M&A indicates that something big could be in
the making. Embracers' quality and M&A track-record should justify a
premium valuation; the company is still valued in line with peers
based on Oper. EBIT multiples. We believe that the growth journey of
Embracer Group will continue for many years more.

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This is a press release from Redeye - Research Powered Investment


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