Top Investment Firm BTS Reports Strong EBITA Results in Q2 2024

Leading consulting company BTS has reported an EBITA result of 110 million SEK for the second quarter of 2024, maintaining a solid EBITA margin of 15.1%.

The net revenue reached 730 million SEK, showing a positive outlook for the full year as the EBITA result is expected to exceed the previous year’s performance.

Gaming Giant Embracer’s Q1 Results Fall Short of Analyst Expectations

Embracer, a prominent gaming company, reported an adjusted operating profit of 828 million SEK for the first quarter of the fiscal year 2024/2025.

However, the reported operating profit (EBIT) was -1440 million SEK, lower than the expected -963 million SEK. The net revenue also missed estimates, standing at 7.933 million SEK.

New Wave Retailer Shows Growth with Strong Q2 Performance

New Wave, a retail company, reported a operating profit of 301 million SEK for the second quarter of 2024, with a net revenue of 2.398 million SEK.

Despite a decrease in margins, the company’s earnings per share stood at 1.59 SEK.

Storskogen Group Exceeds Expectations with Robust Q2 Results

The conglomerate Storskogen reported an adjusted EBITA result of 894 million SEK for the second quarter of 2024, surpassing analyst forecasts.

The adjusted EBITA margin was 9.7%, higher than the expected 9.4%, while the net revenue decreased by 2% to 9.243 million SEK.

Analysis:
– BTS delivered strong financial performance in Q2 2024, indicating a positive outlook for the company’s future growth.
– Embracer’s Q1 results fell short of analyst expectations, raising concerns about the company’s performance in the gaming industry.
– New Wave demonstrated growth in Q2 2024, despite a slight decrease in margins, showing potential for future profitability.
– Storskogen Group exceeded expectations in Q2 2024, with a robust EBITA result and margin, highlighting the company’s strong financial position.

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