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Press release

Redeye: Remedy - Lowered budget assumptions on key projects

Remedy Entertainment

Redeye keeps its valuation range and base case unchanged despite a lowered revenue and EBIT expectation in 2023. Since decreased budget assumptions only have an impact on Remedy’s short-term revenue, we are still optimistic regarding its more long-term prospects, due to the fact that a lower budget in our view increases the royalty opportunity.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Remedy - Lowered budget assumptions on key projects

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