Companies: CCT   

Second half results are predicted to be no kinder to this group, which is continuing to experience difficult trading conditions. The group has had a very disappointing run this year due to a number of factors. The board claimed poor summer weather, costs associated with the relocation of Universal Concepts to Downpace's premises and the cost of intergrating Character Games into the group, as reasons for its recent run of form. These 'one-offs' will not be repeated according to the company but it needs to start making the most of its reinforced trading links with Giochi Preziosi S.p.A., which should emanate from the investment by Toys Investment SA, soon, in order to capture public support. Turnover was up to £99m in 1999 (£68.7m) and pre-tax profits were also at a high of £9.36 (£7.32) but will this margin be smashed this summer?