14 April 2025 - trading update
The leading toys and gifts company has decided to remove its guidance on its financial performance due to the uncertainties surrounding the tariffs introduced by Donald Trump. Around 20% of group sales are to the USA and the second half of the financial year to 31 August will clearly be affected by these tariffs. Despite this the company expects to be profitable for the financial year, with adjusted pre-tax profits for the six months to 28 February being around £2.1m, the same as the previous year. The company has a strong balance sheet . . .
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