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Results: CCT

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EPIC CCT
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Character Group – half-year swing to loss, can the full-year really be expected to be in line with expectations?

Previously writing on designer, developer and international distributor of toys, games and giftware Character Group (CCT), in October with the shares at 445p I reviewed does a latest trading update provide the stabilisation I previously said was required? – concluding that I then continued to avoid. What about now results for the group’s half-year ended 28th February 2023 and with the shares now around 350p?

EPIC CCT
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Character Group – “a buoyant impact on sales”, BUT...

Designer, developer and international distributor of toys, games and giftware Character Group (CCT) commences a trading update today with that, “The re-opening of the bricks and mortar retail sector following the easing and, subsequently, the lifting of COVID-19 restrictions in many of our markets has had a buoyant impact on sales generally”. So why are the shares currently, at 572.5p, more than 17% lower?...

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