Character Group issues profit warning for 2013

Character Group, a toys and games company, has issued a profits warning for the financial year ending August 31st 2013.

Character Group, a toys and games company, has issued a profits warning for the financial year ending August 31st 2013.

It said: "Whilst sales in September were on budget, October sales showed a steep decline. The group now considers that it will fall materially short of its budgeted sales to Christmas and therefore will not be in a position to achieve the market forecasts for the financial year ending August 31st 2013."

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