Character Group PLC
13 November 2006
The Character Group plc (the 'Group')
Designers, developers and distributors of toys, games and gifts
Trading Update
The Group's preliminary announcement of results for the financial year to 31
August 2006 will be made on 28 November 2006.
Following the year end, the Board has become aware that, as a result of strong
sales in the last days of the financial year, the Group will be announcing
profits for the year ended 31 August 2006 for the on-going business of toys,
games and gifts which are significantly above current market expectations.
During the second half of the financial year, we have incurred some additional
exceptional costs with regards to the sale of the digital business which have no
material effect on the results of the continuing business.
The Group's products continue to perform well at retail and we expect to make a
full statement at the time of our preliminary announcement on November 28.
Enquiries:
The Character Group plc Charles Stanley Securities Citigate Dewe Rogerson Ltd
Richard King, Executive Chairman Rick Thompson
Kiran Shah, Group Finance Director Philip Davies Fiona Tooley
Tel: +44 (0) 20 8949 5898 Tel: +44 (0) 20 7149 6457 Tel: +44 (0) 121 455 8370
Mobile: +44 (0) 7836 250150 (RK) Mobile:+44 (0) 7785 703523
+44 (0) 7956 278522 (KS)
www.thecharacter.com
www.characteronline.com
CCT.L
Sector: Media, AIM
Notes to Editors:
About The Character Group plc
The Character Group plc designs, develops and distributes toys, games and
giftware, principally to the UK although it has an ever increasing exposure to
international markets.
Revenues are generated from a mix of product with over 50% designed and
developed in-house either under the Group's own brand or under licence with the
balance being derived from third party distribution. Notable product lines are
Dr Who, Scooby Doo, Biker Mice from Mars, Peppa Pig, GR8 Gear, Robosapien,
Roboraptor and Robopet. For a more comprehensive view of the product portfolio,
please refer to www.characteronline.com.
During the first six months of the year ending 31 August 2006, The Character
Group underwent a major reorganisation with the disposal of its Digital Business
in February 2006. The structure is now designed to maximise the strength of, and
focus on, the core business of Toys, Games and Gifts.
www.thecharacter.com
CCT.L
Sector: Media, AIM
This information is provided by RNS
The company news service from the London Stock Exchange
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