Trading Update

RNS Number : 4533V

H&T Group PLC

03 November 2017

 

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."

- ENDS -

Enquiries:

H&T Group plc 

Tel: [phone]

John Nichols, chief executive                 

Steve Fenerty, finance director                  

Numis Securities (broker and nominated adviser)          

Tel: [phone]

Mark Lander, corporate broking

Freddie Barnfield, nominated adviser

Haggie Partners (public relations)

Tel: [phone]

Damian Beeley

Brian Norris

 

END

 

 

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