Frontier Developments, up 17.6%, in its trading update for the year ended 31 May 2025, reported FY25 revenue of £90.6m (FY24: £89.3m), driven by a 25% rise in sales from its Creative Management Simulation (CMS) games, which accounted for 77% of total revenue. Adjusted EBITDA is expected between £8–£9m (FY24: £0.9m), boosted by higher margins, reduced costs, and a £3.5m gain from selling publishing rights for Stranded: Alien Dawn. Cash increased by £13m to £42.5m, supported by trading performance and tax credits. The company plans to launch a £10m share buyback programme, pending shareholder approval, to enhance shareholder value. Further, the third exciting instalment in the Jurassic World Evolution game franchise, Jurassic World Evolution 3, will be released on 21 October 2025 for PC, PlayStation®5, and Xbox Series X|S, and is available to pre-order now.
LPA Group, up 8.5%, announced that it would release its interim results for the six months ended 31 March 2025 on 19 June 2025.
Bango, up 6.3%, announced that it has signed a strategic partnership with KT, a major South Korean telecom provider, to deliver subscription services to KT's 13.5m customers using Bango’s Digital Vending Machine® (DVM™). This is the first major DVM agreement for Bango in Korea, building momentum for further expansion into the East Asia telco market. KT will use the Bango DVM to seamlessly integrate a wide array of third-party services into its subscriptions hub and its customer-bundled offers.
Feedback, unchanged at 14.8p, announced that it successfully showcased its Bleepa platform during the UK’s first simulation of the Neighbourhood Health Service, conducted with consultancy PPL. The simulation underscored the importance of integrated neighbourhood teams (INTs) and highlighted Bleepa’s ability to support such teams by enabling effective information sharing and collaboration across services.
UK markets ended higher last week, supported by rising expectations of a Bank of England (BoE) interest rate cut and strong gains in energy sector stocks. On the data front, the UK gross domestic product index fell at its fastest pace in 18 months in April. Additionally, the UK industrial production dropped more than expected in April, while the nation’s manufacturing production declined more than expected in April. Moreover, the UK ILO unemployment rate remained unchanged as expected in the three months to April. Also, the UK BRC like-for-like retail sales rose at the slowest pace in six months in May, while the nation’s RICS housing price balance index unexpectedly declined in May. The FTSE 100 index advanced 0.1% to settle at 8,850.6, while the FTSE AIM 100 index rose 0.3% to close at 3,678.7. Additionally, the FTSE techMARK 100 index gained 4.0% to end at 7,224.7.
US markets ended lower in the previous week, as escalating Israeli attacks on Iran intensified geopolitical tensions and weighed on investor sentiment. On the macro front, the US consumer price index rose less than expected in May. Meanwhile, the US producer price index advanced as anticipated in May, while the nation’s weekly jobless claims unexpectedly remained steady at an eight-month high in the week ended 06 June 2025. Additionally, the US Michigan consumer sentiment index improved for the first time in six months in June. The DJIA index fell 1.3% to end at 42,197.8, while the NASDAQ index lost 0.6% to close at 19,406.8.
