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Share Price Information for Character (CCT)

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Share Price: 330.00
Bid: 324.00
Ask: 336.00
Change: 0.00 (0.00%)
Spread: 12.00 (3.704%)
Open: 330.00
High: 330.00
Low: 316.00
Prev. Close: 330.00
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Character confident despite expected second half slowdown

Tue, 19th Apr 2011 15:54

Toys and giftware distributor Character Group announced a strong rise revenue for the half year ended to 28th February but is bracing itself for a slowdown in sales in the second half. Profit before tax rose 78% to £6.64m from £3.73m the year before on sales that rose 34.7% to £6.64m from £43.1m a year earlier.Earnings per share rose even more, by 98%, to 20.28 pence. The company, best known for licensing characters such as Doctor Who and Peppa Pig, sought to temper market expectations regarding its outlook by reminding investors of "the current difficulties" at the retail level, the apparent reason for the anticipated "slowdown in sales in the second half". The company expects, however, to further increase its market share and sees no reason to alter current market expectations regarding its full year performance.Current market consensus is for full year pre-tax profit of £9m on sales of £95.5m.Sales in the reporting period were affected by the pre-Christmas adverse weather conditions. During the half year the company bought back 2.89m ordinary shares, at a cost of £4.95m, with carte blanche to buy back up to a 5.6m more. "Our strategy remains to seek out and develop exciting products which meet domestic and international market demand. These will come from either from our own portfolio which has been developed in-house or those produced in partnership under licence or through distribution agreements," said executive chairman, Richard King.Character Group has announced a 50% increase in its interim dividend, to 3.00 pence.---ab
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20 Jan 2023 08:04

Character Group revenues slump amid 'challenging' trading environment

(Sharecast News) - Giftware firm Character Group warned on Friday that trading conditions across all markets had remained "challenging", with revenue for the four months ended 31 December down approximately 42%.

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13 Jan 2023 15:47

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22 Dec 2022 12:10

Toy designer Character Group warns sales slowing ahead of Christmas

(Alliance News) - Character Group PLC on Thursday said annual profit declined by a quarter, despite a rise in revenue, and the designer, developer and distributor of toys, games and giftware warned of slowing sales in the lead-up to Christmas.

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4 Oct 2022 17:02

LONDON MARKET CLOSE: FTSE 100 higher; Greggs boosted by strong sales

(Alliance News) - Stocks in London closed in the green on Tuesday as investor sentiment was positive on the back of the Reserve Bank of Australia's decision to slow the pace of interest rate hikes.

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4 Oct 2022 11:32

Character shares down on financial year 2023 profit warning

(Alliance News) - Character Group PLC on Tuesday said it expects financial year 2022 to meet market expectations, however the cost of living crisis and weak sterling have become a concern in the current financial year.

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4 Oct 2022 07:59

Character trades in line despite 'adverse factors'

(Sharecast News) - Toymaker Character Group said on Tuesday that sales momentum had continued through the remainder of the year ended 31 August despite the influence of "adverse factors".

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12 May 2022 15:15

Character Group posts double-digit rise in revenue but profit falls

(Alliance News) - Character Group PLC on Thursday reported a fall in interim profit as margins came under pressure amid a "challenging" backdrop.

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25 Feb 2022 16:34

Director dealings: Kerry CFO invests, Character Group corrects tender offer amounts

(Sharecast News) - Irish food company Kerry Group was at the top of the buyers' list on Friday, having disclosed a purchase worth more than £0.33m.

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14 Feb 2022 22:18

TRADING UPDATES: CentralNic expects revenue growth ahead of views

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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28 Jan 2022 19:18

IN BRIEF: Character Group to return GBP13.5 million via tender offer

IN BRIEF: Character Group to return GBP13.5 million via tender offer

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21 Jan 2022 10:23

Character Group remains confident in meeting market expectations

Character Group remains confident in meeting market expectations

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14 Jan 2022 14:48

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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15 Dec 2021 17:06

TRADING UPDATES: Strong performances from Goodwin, Character Group

TRADING UPDATES: Strong performances from Goodwin, Character Group

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8 Dec 2021 15:12

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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1 Oct 2021 19:13

IN BRIEF: Character delays tender offer launch to December

IN BRIEF: Character delays tender offer launch to December

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