Codemasters set to outperform expectations

AIM-listed software publisher Codemasters (LON:CDM) saw its share price increase by 5.68% to 398.40p (as of 15:55 BST) after posting a trading update for the year to date. The company said that trading had been very strong and the board now anticipates that revenue and adjusted EBITDA will both be ahead of market expectations.

This performance has been partly fuelled by new releases such as F1 2020 as well as strong back catalogue performance.