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 trades in line, expects FY revenue growth

By Iain Gilbert

Date: Friday 28 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Video games publisher Frontier Developments said on Friday that year-to-date sales had been consistent with expectations as momentum from its strong close to the prior trading year carried over to the new one.
Based on its strong performance to date and projections for the rest of the trading year, the AIM-listed firm now expects to deliver revenues within the top half of current expectations at around £83.0m to £95.0m.

Frontier stated it was "very well placed for the future", with three new releases scheduled for the year, together with new games published by affiliate Frontier Foundry.

Chief executive David Braben said: "We've announced further releases to an already exciting line-up for FY21. Our team has done an amazing job developing strong releases for all four of our existing titles, and I am also looking forward to seeing the reaction to our first two Frontier Foundry games - Struggling and Lemnis Gate."

As of 0840 BST, Frontier Developments shares were up 5.70% at 2,198.60p.

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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
92.54% below the market average92.54% below the market average92.54% below the market average92.54% below the market average92.54% 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
58.23% below the market average58.23% below the market average58.23% below the market average58.23% below the market average58.23% 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 6
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 9
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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