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
Panmure Morning Note 27-4-2016
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Panmure Morning Note 27-4-2016
Character Group plc (CCT:LON) | 275 0 0.0% | Mkt Cap: 48.9m
- 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