H1FY16 results delivers three key better-than-expected investment positives; (1) underlying profit growth (+ 23%) exceeded sales growth (+ 12%), thereby demonstrating CCT’s highly attractive financial model built for operating leverage and further characterised by a strong balance sheet (net cash; £14.5m) and strong cash flow generation capabilities (CFO; £14.8m); (2) dividend increase of 40% to 7p (vs. PG est. +10%) underscores management’s confidence and visibility t

27 Apr 2016
Good H1FY16. The momentum builds and it could well be vast.

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Good H1FY16. The momentum builds and it could well be vast.
Character Group plc (CCT:LON) | 248 7.4 1.2% | Mkt Cap: 44.8m
- Published:
27 Apr 2016 -
Author:
Peter Smedley -
Pages:
3 -
H1FY16 results delivers three key better-than-expected investment positives; (1) underlying profit growth (+ 23%) exceeded sales growth (+ 12%), thereby demonstrating CCT’s highly attractive financial model built for operating leverage and further characterised by a strong balance sheet (net cash; £14.5m) and strong cash flow generation capabilities (CFO; £14.8m); (2) dividend increase of 40% to 7p (vs. PG est. +10%) underscores management’s confidence and visibility t