Smaller was better | Another nice contract | Another upgrade
News covered in our update here includes our assessment of the latest results from a popular automotive engineering business. Having delivered stunning returns to investors not long after it arrived on AIM, recent returns have unfortunately been far more pedestrian, and its acquisition strategy appears to have delivered relatively little, up to now at least. Elsewhere, there was yet another upgrade for a producer of sustainable Indonesian palm oil, while an early-stage medical device subsidiary of an interesting engineering group received an important regulatory approval. Read on here for our thoughts on this and other news.
Frontier Developments: shares rise on promising sales Shares in Frontier Developments (AIM: FDEV), the Cambridge-based video game developer climbed to year highs after it announced better than expected sales of Jurassic World Evolution 3, the third instalment of its biggest-selling game franchise, Jurassic World Evolution. The strong launch bodes well for Frontier's current financial year to the end of May 2026, ahead of the important festive sales period. Frontier also announced that a sequel to Planet Zoo, its biggest selling game to date, will be released in its 2027 financial year. Released in 2019, Planet Zoo has sold over 5.5…