H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery - Says trading in first four months of 2024 has been in line with expectations. Demand for pledge loans continues to be "buoyant" and April was a "record" month for lending. Adds that all key pledge book metrics remain in line with expectations, with retail sales and foreign currency revenues in line with forecasts, and retail margins improving as expected.
Chief Executive Chris Gillespie says: "It is pleasing to be able to report a solid start to the year, with robust demand across the group's product offering. I look forward to updating the market further as the year unfolds, and as always, I would like to pass on my grateful thanks to our amazing colleagues for their hard work, dedication, and unwavering commitment to customer service."
Current stock price: 417.30 pence, down 0.6% in London on Thursday
12-month change: down 1.4%
By Sophie Rose, Alliance News senior reporter
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H&t Group Plc (HAT)