Last checked at 3 Nov 2017 07:00
3 November 2017
H&T Group plc
("H&T" or "the Group" or "the Company")
TRADING UPDATE
H&T is pleased to announce that the strong trading performance of the first half of the year has been maintained. The gold price has also remained broadly in line with the first half which benefits the Group's pawnbroking scrap and gold purchasing segments.
As a result, we expect that our full year profit before tax will be above current market expectations.
John Nichols, chief executive, said: "We have delivered a strong trading performance during the second half in the key segments of Pawnbroking, Retail and Personal Loans. This is the result of several years investment in products, people and systems to address the new consumer and regulatory landscape.
"We have made good progress in developing our strategy and look to the future with confidence."
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Enquiries:
H&T Group plc
Tel: 0870 9022 600
John Nichols, chief executive
Steve Fenerty, finance director
Numis Securities (broker and nominated adviser)
Tel: 020 7260 1000
Mark Lander, corporate broking
Freddie Barnfield, nominated adviser
Haggie Partners (public relations)
Tel: 020 7562 4444
Damian Beeley
Brian Norris