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13 May 2009 07:00
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:
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H&T Group plc John Nichols, Chief Executive Alex Maby, Finance Director
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0870 9022 600 |
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Hawkpoint Partners Limited (Nominated Adviser to the Group) Lawrence Guthrie / Sunil Duggal
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020 7665 4500 |
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Numis Securities Limited Lee Aston / Charles Farquhar |
020 7260 1000 |
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Pelham PR Polly Fergusson / Minette du Plessis
|
020 7337 1519 |
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