Team17 (TM17) has upgraded revenue and cash profit expectations for the year, as customers flock to both its old and new games. The group reports “strong customer traction” for new and established titles since the start of the year, along with an increasing chunk of sales from licence income.
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The group has launched a number of new titles in the period, as well as publishing new downloadable content for existing titles to prop up customer interest. A number of new games are due to be published in coming months, including those developed in partnership with other game companies.
