Team17 Share News (TM17)

Team17 warns on profits, shares slide

(Sharecast News) - Team17 tumbled on Friday as the games developer warned that full-year earnings will be lower than expected.

LONDON BROKER RATINGS: Investors told to 'sell' Sage and Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON MARKET OPEN: Stocks slide as Black Friday retail period begins

(Alliance News) - Stock prices in London opened in the red on Friday, on a day of lighter trading volumes owing to the US Thanksgiving holiday period.

LONDON BRIEFING: L&G agrees GBP4.8b buy-in for Boots Pension Scheme

(Alliance News) - Stocks in London are expected to open in the red on Friday, with trading volumes likely to be lighter given the Thanksgiving holiday period in the US.

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

DIRECTOR DEALINGS: Bridgepoint CFO and managing partner buy shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

Team17 maintains expectations as first-half earnings slip

(Sharecast News) - Video games specialist Team17 reported a 31% increase in revenue in its half-year results on Tuesday, reaching £69.7m, up from £53.2m in the first half of 2022.

Team17 half-year profit falls but achieves "record" revenue

(Alliance News) - Team17 Group PLC on Tuesday backed annual guidance after first-half revenue increased, though rising costs kept a lid on profit.

UK earnings, trading statements calendar - next 7 days

Team17 announces new chair as Chris Bell steps down

(Sharecast News) - Video games label Team17 announced a change in leadership on Tuesday, with Chris Bell, who had been with the company since its initial public offering in 2018 as its non-executive chair, to step down from his position by the end of the year.

Team17 chair to step down, former Codemasters chief hired to replace

(Alliance News) - Team17 Group PLC on Tuesday said Non-Executive Chair Chris Bell will step down at the end of this year, with replacement Frank Sagnier to join the company in September.

AIM WINNERS & LOSERS: Devolver Digital down on earnings warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

REPEAT: Team17 says trading as expected, as Barbie, Lego games do well

Team17 Group PLC - Wakefield, England-based developer of video games, educational entertainment apps for children, and working simulation games - Ahead of interim results, scheduled for September 19, Team17 says it continues to expect to trade in line with market expectations for all of 2023. "Our group's portfolio of titles across all divisions has performed well in H1 against a backdrop of a particularly competitive retail market," says Chief Executive Officer Debbie Bestwick. These include titles related to Barbie and Lego toys. "We remain ever cautious and will continue to focus on the delivery of our plans in H2," she says.

IN BRIEF: Team17 says trading as expected Barbie, Lego games do well

Team17 Group PLC - Wakefield, England-based developer of video games, educational entertainment apps for children, and working simulation games - Ahead of interim results, scheduled for September 19, Team17 says it continues to expect to trade in line with market expectations for all of 2023. "Our group's portfolio of titles across all divisions has performed well in H1 against a backdrop of a particularly competitive retail market," says Chief Executive Officer Debbie Bestwick. These include titles related to Barbie and Lego toys. "We remain ever cautious and will continue to focus on the delivery of our plans in H2," she says.

LONDON BRIEFING: Rolls-Royce swings to profit; LSEG plans buyback

(Alliance News) - Stocks in London are called to open lower on Thursday, ahead of a busy day on the economic calendar, with a key interest rate decision from the Bank of England.