Character Group shares jump 13% after upgrade to full-year profit expectations

Shares in Character Group PLC (AIM:CCT), the toy designer and distributor, surged 13% to 279 pence after the company said full-year profit before tax is expected to be significantly above current market expectations. The upgrade came alongside half-year results showing a 15% rise in pre-tax profit before highlighted items to £2.4 million, despite a 9% fall in revenue to £48.3 million as US tariffs weighed on sales.