Embracer Group net sales rise to $3.5bn in "challenging year"

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Embracer Group has published its financial results for the full year, showing growth in net sales across the board.

But despite the solid performance in terms of sales, co-founder and group CEO Lars Wingefors opened his comments by describing the 12-month period as a "challenging year" impacted by game delays, weaker demand from consumers and a "lackluster reception for certain notable releases."

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