Frontier Developments PLC 2024 AR2
The report outlines Frontier Developments plc's financial and strategic performance for the fiscal year 2024, highlighting a strategic reset to focus on its core strength in creative management simulation (CMS) games. Despite a challenging first half, the company reshaped its operations, reducing annual operating costs by approximately 20% and returning to profitability in the second half on an Adjusted EBITDA basis. Key achievements include the successful launch of Planet Zoo: Console Edition and the announcement of Planet Coaster 2. Additionally, the company made progress on its environmental goals, reporting a significant reduction in Scope 2 emissions through a market-based approach and sourcing 100% of its electricity from renewable providers.
Company: Frontier Developments PLC
Sector: Information Information Technology
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 94
Frontier Developments PLC
Annual Report And Accounts
The report outlines Frontier Developments plc's financial and strategic performance for the fiscal year 2024, highlighting a strategic reset to focus on its core strength in creative management simulation (CMS) games. Despite a challenging first half, the company reshaped its operations, reducing annual operating costs by approximately 20% and returning to profitability in the second half on an Adjusted EBITDA basis. Key achievements include the successful launch of Planet Zoo: Console Edition and the announcement of Planet Coaster 2. Additionally, the company made progress on its environmental goals, reporting a significant reduction in Scope 2 emissions through a market-based approach and sourcing 100% of its electricity from renewable providers.
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Document Details
Report Year
2024
Reporting Period
Jun 1, 2023 - May 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees