Having had to negotiate a stock overhang in its Scandinavian markets, a depressed UK toy sector, weaker Sterling and the uncertainty engendered by Brexit, it was perhaps inevitable that interim results from The Character Group (Character) were going to be negatively impacted. However, despite these challenges the Group managed to achieve profitability in the period and more importantly significantly increased its net cash balances over the level reported at its year end. The second half will

28 May 2020
Robust performance despite challenging headwinds

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Robust performance despite challenging headwinds
Character Group plc (CCT:LON) | 295 0 0.0% | Mkt Cap: 53.1m
- Published:
28 May 2020 -
Author:
Ian Jermin -
Pages:
3 -
Having had to negotiate a stock overhang in its Scandinavian markets, a depressed UK toy sector, weaker Sterling and the uncertainty engendered by Brexit, it was perhaps inevitable that interim results from The Character Group (Character) were going to be negatively impacted. However, despite these challenges the Group managed to achieve profitability in the period and more importantly significantly increased its net cash balances over the level reported at its year end. The second half will