Business
Half Yearly Report -period to February 2013
Half Yearly Report -period to February 2013.
About this update from Character Group Plc
[{"type":"text","content":"\n \nRNS Number : 8113D Character Group PLC 02 May 2013 \n\n \n\n\n\n\nDate: Thursday, 2 May 2013\n\n\nImmediate Release\n\n\n\n\n \nThe Character Group plc\nDesigners, developers and international distributors of toys, games and giftware\nHalf-Yearly Financial Report for the six months ended 28 February 2013\n \n\n\n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \nBrand images shown on pdf\n\n\nhttp://www.rns-pdf.londonstockexchange.com/rns/8113D_-2013-5-1.pdf\n \n \nFull Statement attached\n \nTicker: AIM: CCT.L\nwww.thecharacter.com\n\n\n \n \nv Trading performance impacted by the tough retail environment \nand consumer confidence\n \nv Despite slow markets, solid performance from own-developed \nbrands, particularly in international markets \n \nv New season products include: Teksta, The Zelfs , Flying Heroes, \nChill Factor, and Lite-Brix, (an exciting addition to our Character Building range)\n \nv Revenue £30.59 million (2012: £44.25m)\n-International sales (excluding Eire) up to 25%\n\nv Gross profit £8.24 million (2012: £16.48m)\nv EBITDA £0.47 million (2012: £8.03m)\n \nv Loss before tax £1.91 million (2012: Profit £5.57m) \n \nv Earnings per share - loss of 6.59 pence (2012: earnings 19.34p)\n \nv Half-year dividend 3.30p (2012: 3.30p) \n \n\"UK retail trading remains difficult; however, we are encouraged by the acceptance from the trade of our new product introductions coming on stream throughout the remainder of both this financial and calendar year. The release and addition of these new and exciting product lines to our portfolio will also help to maintain Character as one of the UK's leading toy companies.\"\n \n\"We remain comfortable that forecasted sales are currently on track for the calendar year as a whole. This should not only re-establish the profit margin but also underpin the overall Group's performance and lead us to achieve current market expectations for the financial year ending 31 August 2013.\"\nRichard King, Executive Chairman\n \n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEnquiries:\n\n\n \n\n\n \n\n\n\n...