LONDON, April 27, 2016 /PRNewswire/ --
Half-year Half-year Full-year Key Performance Indicators ended ended ended - continuing operations Change February 2016 February 2015 August 2015 Revenue +12.0% GBP65.2m GBP58.2m GBP99.1m Underlying operating profit* +20.8% GBP8.7m GBP7.2m GBP10.4m Operating profit +1.1% GBP8.8m GBP8.7m GBP12.5m Underlying pre-tax profit* +22.9% GBP8.6m GBP7.0m GBP10.2m Pre-tax profit +2.4% GBP8.7m GBP8.5m GBP12.3m Underlying basic earnings per share* +13.6% 32.43p 28.55p 38.83p Underlying diluted earnings per share* +13.9% 30.69p 26.94p 36.57p Basic earnings per share -7.9% 32.85p 35.66p 48.56p Diluted earnings per share -7.6% 31.09p 33.65p 45.73p Dividend per share +40% 7.0p 5.0p 11.0p Underlying EBITDA* +30% GBP10.4m GBP8.0m GBP11.9m EBITDA +10.5% GBP10.5m GBP9.5m GBP13.9m Net cash +237.2% GBP14.5m GBP4.3m GBP4.5m
* Excludes mark to market profit adjustments on FX derivative positions GBP0.1m GBP1.5m GBP2.1m
Ø Significant organic growth, revenue up 12% on comparative period Ø International sales now represent approximately 25% of total revenue Ø Revenue growth is from our Top 10 performing brands, which now include Teletubbies (launched January 2016) Ø Peppa Pig continues to deliver a consistently high level of sales Ø New licenses acquired in period include Stretch Armstrong Ø Main Board further strengthened Ø Profitable and cash generative business model Ø Progressive dividend policy, interim dividend up 40% over 2015 HY1
"The Group continues to deliver highly credible results which is reflected in improved revenues and increased underlying profit before tax on the same half-year period last year."
"We are very fortunate at this time not only to have strength and depth across our brands but also a wide spread of customers and suppliers, with many of whom we have long term trusted relationships. We are also very pleased with the progress we are making in overseas markets as demonstrated by the increased level of International sales, particularly in the USA."
"Overall, current trading continues to be encouraging, and we remain on target to achieve market expectations for the full financial year ending 31 August 2016."
The full Half Yearly Report can be viewed at http://www.thecharacter.com or http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CCT/12 793344.html Product ranges can be viewed at http://www.character-online.co.uk.
Enquiries: The Character Group plc Office: +44 (0) 208 329 3377 Email: [email protected] TooleyStreet Communications Limited Tel: +44 (0) 7785 703523
SOURCE THE CHARACTER GROUP