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Trading Update

13 May 2009 07:00

RNS Number : 1405S
H&T Group PLC
13 May 2009
 



13 May 2009

H&T GROUP PLC 

 

TRADING UPDATE

 

H&T Group plc ("H&T" or the "Group"), the UK's largest pawnbroker by size of pledge book, announces that it has traded significantly ahead of the Board's expectations for the year to date. The Board is positive about prospects for the current year, but remains conscious of the current difficult economic climate.

The principal reason for the strong performance is the sustained gold price which has benefitted the Group's retail sales, auctions, scrap and gold purchases. The Group is also pleased with the continuing success of the store expansion programme.

 

This announcement will be read out at the Annual General Meeting to be held today.

For further information, please contact: 

H&T Group plc

John Nichols, Chief Executive 

Alex Maby, Finance Director

 

0870 9022 600

Hawkpoint Partners Limited (Nominated Adviser to the Group)

Lawrence Guthrie / Sunil Duggal 

 

020 7665 4500

Numis Securities Limited

Lee Aston / Charles Farquhar 

020 7260 1000

Pelham PR

Polly Fergusson / Minette du Plessis

 

020 7337 1519

This information is provided by RNS
The company news service from the London Stock Exchange
 
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