viewFrontier Developments

Frontier Developments revenues boosted by launch of Jurassic World Evolution video game

The company expects to report revenue of £64mln for the six months to November 30, compared to £19mln a year ago

The firm launched Jurassic World Evolution for the Playstation 4 and Xbox One in June

Video game developer Frontier Developments PLC (LON:FDEV) said it feels comfortable it will meet analysts’ revenue forecasts for 2019 after delivering a record performance in the first half and strong Christmas sales.

The company expects to report revenue of £64mln for the six months to November 30, compared to £19mln a year ago, boosted by the successful launch of the Jurassic World Evolution game and sales of the Elite Dangerous and Planet Coaster franchises.

Frontier said the June launch of Jurassic World Evolution -- based on the 2015 film Jurassic World --  was its most successful to date with the sale of one million base game units within five weeks.

READ: Frontier Developments sees R&D costs and margin shrinkage bite into 2018 earnings

“Based on trading performance in the first six months of the financial year, combined with sales over the Christmas holiday period, the board remain comfortable with the analyst revenue projections of £75mln to £88mln for FY19 (the year ending 31 May 2019) and anticipate that revenue should exceed the mid-point of this range,” the group said.

Shares were little changed at 905.2p in mid-morning trading.  

Quick facts: Frontier Developments


Price: 2500 GBX

Market Cap: £984.3 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Matador Mining reports its best ever drill hole outside existing resources...

Matador Mining Ltd (ASX:MZZ, OTCQX:MZZMF)'s Warren Potma tells Proactive they've intersected 19 metres at 4.2 g/t gold during a diamond drilling campaign at the Cape Ray gold project in Newfoundland, Canada. The 19-metre hit, which occurred from 9 metres, also included 1 metre at 30.6 g/t and 1...

2 hours, 34 minutes ago

2 min read