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Pawnbroker H&T Group profit up 45% following rising jewellery sales

By BFN News | 02:03 PM | Tuesday 13 March, 2018


Pawnbroker H&T Group posted a substantial rise in profit amid a boost in online jewellery sales and growth in its personal loan book. Pre-tax profit rose by 45% to £14.1m, as the company declared dividends per share of 10.5p, up 14% on-year. 'We have adapted to this new environment, investing heavily in our staff, diversifying our product suite, building out our online proposition and realigning aspects of our business to reflect our customer base,' chief executive John Nichols said. 'We have also reduced our exposure to gold price volatility. Challenges remain, but we can look to the future with growing confidence.' At 2:03pm: (LON:HAT) HT Group PLC share price was -3.5p at 349.5p Story provided by StockMarketWire.com

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