Frontier Developments (FDEV)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

208.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 631.00
  • 52 Week Low: 107.00
  • Currency: UK Pounds
  • Shares Issued: 39.48m
  • Volume: 59,156
  • Market Cap: £82.31m
  • RiskGrade: 195

Frontier Developments raises expectations following June launch

By Iain Gilbert

Date: Tuesday 03 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Independent video games developer Frontier Developments has increased expectations for its current financial year after seeing strong digital sales of its newest title.
Digital sales of Jurassic World Evolution, Frontier's third game franchise, were strong across PC, PlayStation 4 and Xbox One following its digital launch on 12 June.

Physical discs were launched on Tuesday.

Following the title's early success, Frontier upped its expectations for the year, noting that, although it's very early in the financial year and the life-cycle of Jurassic World Evolution, revised board projections indicated the group could hit revenues for the year ending 31 May 2019 of almost £88m.

David Braben, Frontier's chief executive, said, "We are pleased with the positive reaction we have seen to the launch of Jurassic World Evolution and its initial sales performance."

"We already have future franchises in different phases of internal development and we will continue to explore other models to accelerate our scale-up," added Braben.

Frontier expects to publish its full-year results on 5 September.

As of 1200 BST, Frontier shares had climbed 7.18% to 1,463p.

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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 208.50p
Change Today 2.50p
% Change 1.21 %
52 Week High 631.00
52 Week Low 107.00
Volume 59,156
Shares Issued 39.48m
Market Cap £82.31m
RiskGrade 195

FDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.84% below the market average2.84% below the market average2.84% below the market average2.84% below the market average2.84% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Price Trend
80.83% below the market average80.83% below the market average80.83% below the market average80.83% below the market average80.83% 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
Income Not Available
Growth
83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

What The Brokers Say

Strong Buy 0
Buy 3
Neutral 6
Sell 1
Strong Sell 0
Total 10
neutral
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 26-Apr-2024

Time Volume / Share Price
16:35 12,967 @ 208.50p
16:35 1 @ 208.50p
16:35 174 @ 208.50p
16:35 120 @ 208.50p
16:35 49 @ 208.50p

FDEV Key Personnel

CEO Jonathan (Jonny) Francis Watts
CFO Alex Bevis

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