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H&T expects profit within 'top end' of market forecasts following 'strong' finish to year

By BFN News | 09:16 AM | Monday 27 January, 2020


Pawnbroker H&T said it expected pre-tax profit to be within the top end of market forecasts following a strong performance in the second half of the year. The company also said the recently acquired Money Shop and Speedloan businesses had made a positive contribution to its performance. H&T said it saw 39% growth in the year-ending pledge, with core stores up 25%. The jewellery retail business delivered 7% sales growth on the prior year, including 5% from core stores. 'We have made good progress in delivering our strategic goals in the past year, particularly in consolidating the pawnbroking industry by acquiring trading sites and pledge book purchases,' H&T said. At 9:16am: (LON:HTG) Hunting PLC share price was -6.3p at 325.3p Story provided by StockMarketWire.com

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