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PC and console sales down 46% at Embracer

PC and console sales down 46% at Embracer

Swedish games firm Embracer Group has reported a 46 per cent decline in PC and console net sales for the second quarter of the year. 

This division brought in SEK 2.12 billion ($192 million) for the three months ending September 30th, by far the biggest loss of any single arm at the company. Embracer says that its roster for the quarter was thin as it was, but what PC and console titles did make it out were met with "mixed reception".

The company also adds that the previous year was simply stronger, citing Payday 3 and Remnant 2, though the former certainly wasn't the financial hit that developer Starbreeze anticipated. 

PC and console saw a 33 per cent decline in organic growth, too. 

Furthermore, Embracer has said that things are unlikely to improve for PC and console for the rest of the company's financial year, either. 

"The quarter was softer for our other segments and within PC/Console we now expect lower earnings this year due to the delay of a number of notable H2 releases while we continue our ongoing work to improve efficiency and increase ROI," CEO Lars Wingefors told shareholders. 


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.