Fractal Gaming Group AB (STU:5HS)
€ 2.75 0.08 (3%) Market Cap: 82.33 Mil Enterprise Value: 80.65 Mil PE Ratio: 34.22 PB Ratio: 2.28 GF Score: 62/100
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Q2 2024 Fractal Gaming Group AB Earnings Call Transcript

Aug 15, 2024 / 09:00AM GMT
Release Date Price: €3.41 (-0.58%)
Jonas Holst
Fractal Gaming Group AB - CEO

Hi, everyone, and welcome to today's presentation of the Q2 report for Fractal Gaming. We have now closed the first half of 2024 with a quarter that had challenging headwinds for the whole market, while at the same time delivered confidence and optimism that fractal is on the right today. I will take you through our Q2 numbers. The latest developments within our industry and how we are embarking on a new journey. We're, of course, happy to answer any questions you have either in the end of the call or if you reach out to us individually.

We will start with some of the general comments from Q2. As I said, it has been a quarter where we are. We have met short-term headwinds while at the same time, gaining strong confidence and optimism for the future. As per our expectations, we were seeing that seasonality is starting to normalize after the last years have disrupted sales Q2 is usually the weakest quarter in our industry. But this year, sales has been further dampened by reduced consumer demand as well as increased freight costs and shipping times as a

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