(Reuters) – Tabletop games publisher Asmodee, to be spun off from Swedish gaming group Embracer, on Tuesday forecast medium-term organic sales growth in a mid-single-digit percentage and an adjusted core profit (EBITDA) margin above 18%.
Ahead of its planned listing in Stockholm, Asmodee will refinance 900 million euros ($952.6 million) of debt via capital markets and receive a 400 million euro equity injection following Embracer’s divestment of Easybrain, the parent company said in a statement ahead of its investor day.
($1 = 0.9448 euros)
(Reporting by Jesus Calero in Gdansk; editing by Milla Nissi)
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