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IN BRIEF: Team17 Trading Excels As Gameplay Rises Amid Pandemic

Tue, 16th Jun 2020 13:50

Team17 Group PLC - Nottingham-headquartered video game development company - Seen strong sales in six months to June 30, with demand for back catalogue ahead of pre-Covid expectations. Team17 also seen increased playtime across its multi-player co-op and online games, which the company said has enhanced earnings. The company is also looking for a second studio location, as it has more games in development than at any point in its history.

Current stock price: 535.00 pence

Year-to-date change: up 40%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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