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Ramsdens flags record full-year profits
(Sharecast News) - Financial services provider and retailer Ramsdens reported strong trading momentum for the financial year ended 30 September in an update on Thursday.
The AIM-traded company said it expected to post a record profit before tax of at least £11m, surpassing the £10.1m reported for the prior year.
It put the performance down to continued positive momentum in the second half, positioning the group for further growth in the 2025 period.
"We're pleased with the record profit performance in 2024," said chief executive officer Peter Kenyon.
"All key income streams are growing and we have optimism for further progress in the 2025 financial year.
"This performance once again demonstrates the strength of our diversified business model which underpins our long-term growth strategy."
Ramsdens said it planned to announce its full-year results on 14 January.
At 0900 BST, shares in Ramsdens Holdings were down 0.98% at 203p.
Reporting by Josh White for Sharecast.com.
Latest RFX News
- Ramsdens ups dividend as profit up; expects loan book growth to slow
15 Jan 2024 - Ramsdens shares drop despite record profits as Q1 trading slows
15 Jan 2024 - Ramsdens set to deliver record full-year profits
5 Oct 2023 - Ramsdens shares gain as guides at least 19% rise in annual profit
5 Oct 2023 - IN BRIEF: Ramsdens ups interim dividend 20% as profit and revenue jump
7 Jun 2023 - UK earnings, trading statements calendar - next 7 days
31 May 2023 - Ramsdens expects annual profit to rise, performing above expectations
4 Apr 2023 - Ramsdens trades ahead of expectations in H1
4 Apr 2023
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