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Coronavirus impact: 1 May - videogaming continues to prosper

01/05/2020 · Bonhill Group (BONH)  · Breedon Group (BREE)  · Frontier Developments (FDEV)  · Games Workshop (GAW)  · Genedrive (GDR)  · James Cropper (CRPR) 
AIM AIM Inheritance Tax potential Coronavirus FTSE 250 UK

Healthcare and videogaming continue to be the standout performers in the current crisis but the valuations of some business are starting to look very stretched indeed, implying near perfect delivery over the next few years. 

James Cropper: loss making for most of next yearManufacturer of specialist paper and advanced materials James Cropper (LON:CRPR) confirmed a strong performance for the year ending 31 March 2020, with adjusted pre-tax profits expected to be well ahead of market expectations and in excess of £6m. Covid-19 is anticipated to have a negative effect on product demand in each of its divisions for the financial year ending March 2021. The Technical Fibre Products division was performing exceptionally but is now likely to see a downturn in its aerospace market, with growth continuing in clean technology markets such as fuel cell…

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