Character Group has issued a trading update stating that while its supply side operations in the Far East have now been broadly restored following temporary disruption from COVID-19 issues, the demand side of the business is being deeply impacted by the closure of stores, shops and warehousing & distribution centres. The board is now anticipating a significant drop in H2 FY2020 revenues compared to expectations. However, given the lack of visibility on both trading activity and the eventu
25 Mar 2020
H2 to be impacted by COVID-19, forecasts suspended
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H2 to be impacted by COVID-19, forecasts suspended
Character Group plc (CCT:LON) | 277 0 0.0% | Mkt Cap: 52.5m
- Published:
25 Mar 2020 -
Author:
Ian Jermin -
Pages:
2
Character Group has issued a trading update stating that while its supply side operations in the Far East have now been broadly restored following temporary disruption from COVID-19 issues, the demand side of the business is being deeply impacted by the closure of stores, shops and warehousing & distribution centres. The board is now anticipating a significant drop in H2 FY2020 revenues compared to expectations. However, given the lack of visibility on both trading activity and the eventu