Character Group PLC – Preliminary results – year ended 31 August 2018

Character Group PLC – Preliminary results – year ended 31 August 2018

The Character Group plc, designers, developers and international distributor of toys, games and giftware release preliminary results for the year ended 31 August 2018.


12 months ended

31 August 2018

12 months ended

31 August 2017




Operating profit







Underlying basic earnings per share*



Underlying diluted earnings per share*



Underlying EBITDA*






Dividends per share for the year



Net assets



Net cash



  • Key product ranges, such as Peppa Pig, Little Live Pets, Teletubbies and Stretch, remained in demand
  • Additions made to these ranges, to supplement and refresh these lines, have been well received by our customers and the consumer
  • Our strong and diverse, core portfolio has been complimented, and our sales efforts well supported by our “craze” lines, such as Soft ‘n Slo Squishies, Cakepop Cuties and Cra.Z.Slimy
  • The Group will be introducing new products and range extensions to its portfolio in the coming months, which will further strengthen the Group’s offering for the year ahead
  • Since completion of the acquisition of a 55% shareholding in PROXY in October 2018, PROXY has secured the exclusive distribution rights for the Nordic region of the FUNKO range including its Fortnite figurines.
  • PROXY expected to be earnings enhancing in first full year

 “The Board is delighted to report that the Group finished the financial year in a strong position, comfortably achieving market expectations.  This is a particularly pleasing outcome as it endorses the optimism that we expressed at the time of the HY1 results announcement in April, when we projected that we would see a return to profitable growth progression during the second half of the year.”

“The new financial year has started well and in line with management expectations; we are confident in the prospects for the current autumn/winter trading period, which includes the all-important Christmas season.  In addition, we are delighted to be working closely with the team at PROXY.   We believe that there is considerable scope to progress with joint initiatives in product development and marketing with the PROXY team, which should enable us to increase further our respective current market shares in the financial year ending 31 August 2019 and beyond.”

The BRR media’s interview with Joint MD’s, Kiran Shah and Jon Diver discussing the annual results will be available shortly. 

To listen to it please follow this link:



Product ranges can be viewed at

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