LONDON (Alliance News) - Character Group PLC Friday said trading had been satisfactory in the second half of its financial year and it expects full-year results to be in line with expectations after reversing the loss the toy developer and distributor made in the first half.
It also said that it expects its results in its current 2014 financial year to be substantially better than last year because sales remain on track to meet its targets for the 2013 calendar year.
It said international sales were growing solidly, while its UK position should be underpinned by planned new launches for both the autumn/winter and spring sales.
The company's shares were up 6.1% at 146.97 pence Friday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Character (CCT)