The spun-off business is being distributed to Embracer's owners and Coffee Stain Group will be listed on Nasdaq First North, according to a press release.
During the past financial year, Coffee Stain Group had a turnover of nearly 1.1 billion kronor and made an adjusted operating profit of 544 million kronor.
Simultaneously with the spin-off, Embracer will change its name to Fellowship Entertainment.
The group is releasing its quarterly report at the same time. The adjusted operating profit landed at 1,077 million kronor for the fourth quarter of the broken financial year, three percent higher than the same period last year. Revenues fell by 6 percent to 5.4 billion kronor.
