Codemasters Group (CDM)

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Codemasters Group CDM Logo

A UK based video game developer and publisher (driving and racing games) – Such as DiRT, GRID, Micro Machines, ONRUSH and the Formula 1 series of video games.

8-Oct-2018 – 176.5p – £247.1m – PER 14.9

Trading Update For The 6 Months To End September 2018 – FY to be in-line.

First coverage for me, I will go Neutral here while I look into what “in-line” is forecast to look like – Gross margin here is 88.5% and they have a decent amount of Cash too, so looks healthy enough.

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