Character Group has issued an AGM statement highlighting the continuing weakness in the UK toy market and the effect this has had on its trading, particularly over the important Christmas period which will inevitably have an adverse impact on the Group’s first half to 29 February 2020. Although we continue to anticipate a substantial rebound in the second half of the financial year, management is of the view that Group PBT for the year will now be lower than consensus at around £1
17 Jan 2020
H1 weaker than expected, strong H2 still on track
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
H1 weaker than expected, strong H2 still on track
Character Group plc (CCT:LON) | 262 2.6 0.4% | Mkt Cap: 49.8m
- Published:
17 Jan 2020 -
Author:
Ian Jermin -
Pages:
3
Character Group has issued an AGM statement highlighting the continuing weakness in the UK toy market and the effect this has had on its trading, particularly over the important Christmas period which will inevitably have an adverse impact on the Group’s first half to 29 February 2020. Although we continue to anticipate a substantial rebound in the second half of the financial year, management is of the view that Group PBT for the year will now be lower than consensus at around £1