Character Group sees pre-tax profit of £3.09m - ToyNews

Character Group sees pre-tax profit of £3.09m

The company is celebrating this year’s results and is ‘comfortable that forecasted sales are currently on track for the calendar year as a whole.’
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Character Group PLC has seen £3.07 million in pre-tax profit for the six months ending February 28th 2014.

The surge in profit follows a slower year for the firm last year in which it saw a loss of £1.90 million.

The company is celebrating this year’s results and is ‘comfortable that forecasted sales are currently on track for the calendar year as a whole.’

With revenue from continuing operations seeing an increase of over £16 million, from £30.59m to £46.87m, Character now expects the results to lead it to achieve current market expectation for the financial year ending August, 31st 2014.

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