Character Group PLC (The) Trading update
01 October 2024 - 4:00PM
RNS Regulatory News
RNS Number : 3426G
Character Group PLC (The)
01 October 2024
THE
CHARACTER GROUP PLC
("Character", the "Company" or the "Group")
Designers, developers and international distributor of toys,
games, and giftware
Trading
Update
London: Tuesday, 1 October
2024: The
Board of Character provides the following update to shareholders on
the Group's trading ahead of the publication of the Company's 2024
audited annual results.
Whilst the market has continued to
experience external challenging conditions, such as the higher cost
of living, the surge in freight costs and shipping delays due to
reduced capacity, the Group has continued to perform well and
expects its adjusted profit before tax for the financial year ended
31 August 2024 to be in line with current market expectations.
Initial sales of products for the Christmas '24 season are showing
encouraging signs, especially new introductions. Previews of our
2025 new ranges are also going well.
The Group continues to have a solid
balance sheet with a healthy cash balance.
The Directors look forward to
updating shareholders further on its performance at the time of
publication of the Group's results which
are scheduled to be released in December 2024.
The
Character Group plc
FTSE sector: leisure
goods:
FTSE AIM All-share: symbol: CCT
Market cap: £52m
Email:
info@charactergroup.plc.uk
Group website:
www.thecharacter.com
Product ranges can also be viewed
at www.character-online.co.uk
CHARACTER GROUP PLC CCT Stock | London Stock
Exchange
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Enquiries to:
The
Character Group plc
Jon Diver, Joint Managing
Director
Kiran Shah, Joint Managing Director
& Group Finance Director
Office: +44 (0) 208 329
3377
Mobile: +44 (0) 7831 802219
(JD)
Mobile: +44 (0) 7956 278522
(KS)
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Panmure Liberum Limited
(Nominated
Adviser and Joint Broker)
Atholl Tweedie, Investment
Banking
Rupert Dearden, Corporate
Broking
Tel: +44 (0) 20 7886
2500
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Allenby Capital Limited
(Joint Broker)
Nick Athanas, Corporate
Finance
Amrit Nahal / Tony Quirke, Sales
& Corporate Broking
Tel: +44 (0) 20 3328
5656
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TooleyStreet Communications Limited (Investor and media
relations)
Fiona Tooley
Tel: +44 (0) 7785
703523
Email: fiona@tooleystreet.com
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