Business
Half Yearly Financial Report period ended 29.2.16
Half Yearly Financial Report period ended 29.2.16.
About this update from Character Group Plc
[{"type":"text","content":"\n \nRNS Number : 4359W Character Group PLC 27 April 2016 \n\nWEDNESDAY 27 APRIL 2016\n \nThe Character Group plc\n(\"Character\", \"Group\" or \"Company\")\nDesigners, developers and international distributor of toys, games and giftware\n \nHalf Yearly Financial Report \nfor the six months ended 29 February 2016\n \n \"Record results continue to underpin Character's position as the UK's leading independent toy company.\"\n \n\n\n\n\nKey Performance Indicators \n- continuing operations\n\n\nChange\n\n\nHalf-year \nended\n February 2016\n\n\nHalf-year \nended \nFebruary 2015\n\n\nFull-year \nended\nAugust 2015\n\n\n\n\nRevenue\n\n\n+12.0%\n\n\n£65.2m\n\n\n£58.2m\n\n\n£99.1m\n\n\n\n\nUnderlying operating profit*\n\n\n+20.8%\n\n\n£8.7m\n\n\n£7.2m\n\n\n£10.4m\n\n\n\n\nOperating profit\n\n\n+1.1%\n\n\n£8.8m\n\n\n£8.7m\n\n\n£12.5m\n\n\n\n\nUnderlying pre-tax profit*\n\n\n+22.9%\n\n\n£8.6m\n\n\n£7.0m\n\n\n£10.2m\n\n\n\n\nPre-tax profit\n\n\n+2.4%\n\n\n£8.7m\n\n\n£8.5m\n\n\n£12.3m\n\n\n\n\nUnderlying basic earnings per share*\n\n\n+13.6%\n\n\n32.43p\n\n\n28.55p\n\n\n38.83p\n\n\n\n\nUnderlying diluted earnings per share*\n\n\n+13.9%\n\n\n30.69p\n\n\n26.94p\n\n\n36.57p\n\n\n\n\nBasic earnings per share\n\n\n-7.9%\n\n\n32.85p\n\n\n35.66p\n\n\n48.56p\n\n\n\n\nDiluted earnings per share\n\n\n-7.6%\n\n\n31.09p\n\n\n33.65p\n\n\n45.73p\n\n\n\n\nDividend per share\n\n\n+40%\n\n\n7.0p\n\n\n5.0p\n\n\n11.0p\n\n\n\n\nUnderlying EBITDA*\n\n\n+30%\n\n\n£10.4m\n\n\n£8.0m\n\n\n£11.9m\n\n\n\n\nEBITDA\n\n\n+10.5%\n\n\n£10.5m\n\n\n£9.5m\n\n\n£13.9m\n\n\n\n\nNet cash\n\n\n+237.2%\n\n\n£14.5m\n\n\n£4.3m\n\n\n£4.5m\n\n\n\n\n \n\n\n\n\n* Excludes mark to market profit adjustments on FX derivative positions\n\n\n\n\n\n£0.1m\n\n\n£1.5m\n\n\n£2.1m\n\n\n\n\n \nØ Significant organic growth, revenue up 12% on comparative period\nØ International sales now represent approximately 25% of total revenue\nØ Revenue growth is from our Top 10 performing brands, which now include Teletubbies (launched January 2016)\nØ Peppa Pig continues to deliver a consistently high level of sales\nØ New licenses acquired in period include Stretch Armstrong\nØ Main Board further strengthened \nØ Profitable and cash generative business model\nØ Progressive dividend policy, interim dividend up 40% over 2015 HY1\n\n\n\n\n \n\"The Group contin...