Reported 2 days ago
Asmodee, the tabletop games publisher set to split from Swedish gaming group Embracer, has announced mid-term targets including a projected organic sales growth of mid-single digits and an EBITDA margin exceeding 18%. In preparation for its upcoming Stockholm listing, Asmodee plans to refinance €900 million in debt and will receive a €400 million equity boost, which will improve its net debt and leverage ratios. The company, acquired by Embracer for $3 billion, aims to return excess liquidity to shareholders through dividends once it reaches its long-term financial goals.
Source: YAHOO