Record high development in shareholder value at Swedish computer game group
The computer game group Embracer Group has gone from being a small developer in Karlstad to being a conglomerate with a market capitalisation in excess of SEK 95 billion. Since the listing in 2016, CEO and founder Lars Wingefors has delivered shareholder value to say the least as the price has developed by over 2000 percent. In the Q2 report, Embracer was able to achieve organic growth of 10 percent despite a tough comparison quarter, while the company announced that it was acquiring three game developers.
With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its eight operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment and Easybrain. The Group has 77 internal game development studios and is engaging more than 8000 employees and contracted employers in more than 40 countries.
The Group has an extensive catalogue of over 240 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency, World War Z, and Borderlands amongst many others.
Embracer Group AB (formerly Nordic Games Publishing AB and THQ Nordic AB) is a Swedish video game holding company based in Karlstad. The company was established under the name Nordic Games in December 2008, forming the video game publishing subsidiary of game retailer Game Outlet Europe. Founders include chief executive officer and Game Outlet Europe founder Lars Wingefors and Pelle Lundborg.