Frontier Developments (FDEV)

Sector:

Leisure Products

Index:

FTSE AIM 50

1,372.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 2,840.00
  • 52 Week Low: 1,078.00
  • Currency: UK Pounds
  • Shares Issued: 39.42m
  • Volume: 28,304
  • Market Cap: £540.89m
  • RiskGrade: 195

Frontier Developments expects growth in FY revenues, profits

By Iain Gilbert

Date: Monday 08 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Videogames publisher Frontier Developments said on Monday that it expects to post improved revenues and profits for the year ended 20 May.
Frontier Developments expects to report full-year revenues of approximately £76m, while operating profits, as reported under IFRS, were anticipated to be at least £16m - giving the group an operating profit margin of roughly 21% for the full year.

As far as 2021 was concerned, the AIM-listed group said it had started the year "confidently", based on its "attractive" portfolio of existing titles, its "exciting" development and publishing roadmaps and the group's "skilled, passionate and growing team".

Frontier, which is also responsible for the Elite Dangerous series, highlighted that the current trading year would also see the release of its "genre-leading" Planet Coaster title for PlayStation and Xbox.

Chief executive David Braben said: "We are well-positioned going forward with great visibility of a fantastic range of projects over the next few years, both internal and external. We've started FY21 strongly with our current portfolio of games continuing to do very well.

"Our future is more exciting than ever and we look forward to working with all our great partners over the coming years."

As of 1025 BST, Frontier shares had ticked up 0.051% to 1, 940.98p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FDEV Market Data

Currency UK Pounds
Share Price 1,372.00p
Change Today -8.00p
% Change -0.58 %
52 Week High 2,840.00
52 Week Low 1,078.00
Volume 28,304
Shares Issued 39.42m
Market Cap £540.89m
RiskGrade 195

FDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.56% below the market average92.56% below the market average92.56% below the market average92.56% below the market average92.56% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Price Trend
58.01% below the market average58.01% below the market average58.01% below the market average58.01% below the market average58.01% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Income Not Available
Growth
52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FDEV Dividends

No dividends found

Trades for 01-Jul-2022

Time Volume / Share Price
16:35 5,795 @ 1,372.00p
16:29 9 @ 1,386.00p
16:29 10 @ 1,386.00p
16:29 11 @ 1,386.00p
16:29 26 @ 1,386.00p

FDEV Key Personnel

CEO David John Braben

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