As noted in the Group’s interim results, tariffs imposed on goods imported into the USA from China have introduced substantial disruption and uncertainty to Character Group’s trading. Today’s update confirms the deep impact that these tariffs have had but in spite of the external challenges the Board anticipates that adjusted PBT for the year to August 2025 will be at least £1m. Furthermore, it forecasts FY26 profits to exceed those of FY25. The Group’s resilience in the face of unprecedented challenges is a testament to the Board and operational management team and we look forward to a measure of recovery in FY26 in what undoubtedly will remain difficult markets.
