Team17 Group (TM17)

Sector:

Leisure Products

Index:

FTSE AIM 100

 295.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 350.00
  • 52 Week Low: 152.00
  • Currency: UK Pounds
  • Shares Issued: 145.80m
  • Volume: 557,855
  • Market Cap: £430.12m

New games help Team17 to record first half

By Sean Farrell

Date: Tuesday 14 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Team17 said it was confident about its outlook as the video games developer recorded record first-half profit supported by new releases.


Pretax profit for the six months to the end of June rose 5% to £14m from a year earlier as revenue increased 3% to £40.1m. Revenue was boosted by titles released towards the end of last year and six new games released in the first half.

Debbie Bestwick, Team17's chief executive, said: "Our performance during the first half of this year is a testament to the continued commitment and passion of our teamsters and label partners. I am delighted to report we've been able to continue the trend of delivering improved year on year results specifically considering the corresponding half record set the previous year."

The company said it was confident about the second half after a "solid" start to 2021. Team 17 said it hired Michael Pattison from Sony Interactive Entertainment to run its Games Label unit from next month.

Team17 shares fell 1.3% to 785p at 12:51 BST.

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Team17 Group Market Data

Currency UK Pounds
Share Price 295.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 350.00
52 Week Low 152.00
Volume 557,855
Shares Issued 145.80m
Market Cap £430.12m

Team17 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.39% above the market average42.39% above the market average42.39% above the market average42.39% above the market average42.39% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
9.84% above the market average9.84% above the market average9.84% above the market average9.84% above the market average9.84% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Income Not Available
Growth
36.8% below the market average36.8% below the market average36.8% below the market average36.8% below the market average36.8% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 1
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Team17 Group Dividends

No dividends found

Trades for 12-Jul-2024

Time Volume / Share Price
14:12 74,605 @ 300.00p
16:35 3,821 @ 295.00p
16:35 2,253 @ 295.00p
16:35 247 @ 295.00p
16:35 1,321 @ 295.00p

Team17 Group Key Personnel

CFO Mark Crawford
CEO Steve Bell

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