StockMarketWire.com – Video-game developer Team17 posted a 5% rise in first-half profit after the release of six new titles helped boost sales.
Pre-tax profit for the six months through June increased to £14.0 million, up from £13.3 million, as revenue climbed 3% to £40.1 million.
The company said its content portfolio now comprised over 500 digital revenue lines spanning a broad range of genres and platforms.
Chief executive Debbie Bestwick said she was pleased with the results, given the corresponding period had benefitted from ‘the one-off impact of the global pandemic and large swathes of global lockdowns’.
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