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TM17 - Team17 News Story

590p 8.0  1.4%

Last Trade - 22/05/20

Sector
Technology
Size
Mid Cap
Market Cap £775.3m
Enterprise Value £735.0m
Revenue £61.8m
Position in Universe 405th / 1827

Team17 Group PLC - Trading Update

Mon 4th November, 2019 7:00am
RNS Number : 0530S
Team17 Group PLC
04 November 2019
 

4 November 2019

 

Team17 Group plc

("Team17", the "Group" or the "Company")

 

Trading update

 

Team17, a global games label, creative partner and developer of independent ("indie") premium video games, provides the following trading update for the year ended 31 December 2019.

 

The Company has continued to experience strong customer traction from both new and established games throughout the second half of the year and now expects both adjusted EBITDA and revenue to be ahead of market expectations for the current year.

 

The performance has been driven by continued sales momentum across the portfolio of titles.

 

 

Enquiries:

Team17 Group plc

Debbie Bestwick MBE, Chief Executive Officer

 

 

via Vigo Communications

 

GCA Altium (Nominated Adviser)

Adrian Reed / Paul Lines

 

 

+44 (0)845 505 4343

Berenberg (Broker)

Chris Bowman / Toby Flaux / Marie-Agnes Stolberg

 

+44 (0)20 3207 7800

Vigo Communications (Financial Public Relations)

Jeremy Garcia / Fiona Henson / Charlie Neish

team17@vigocomms.com  

+44 (0)20 7390 0238

 

 

About Team17

Founded in 1990, Team17 Group plc is a leading international premium video games label and creative partner for independent developers. The portfolio comprises over 100 games, including The Escapists, Genesis Alpha One, My Time at Portia, Overcooked, Yoku's Island Express, Yooka-Laylee, the Worms franchise and many more from developers around the world. Visit www.team17.com for more info.

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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