LOGO
LOGO

Quick Facts

H&T Group Sees Full-year Pre-tax Profit In Line With Market View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

H&T Group Plc (HAT.L), a non-trading holding company for Harvey & Thompson Limited and H&T Finance Limited, on Monday said it expects full- year profit before tax to be in line with current market expectations.

In its pre-close trading statement for the year ended December 31, the company noted that its core pawnbroking operations continue to perform well. At the year-end, the company's pledge book was 51.6 million pounds driven by both new store openings and the firm stratifying its interest rates to become more competitive on larger loans.

As expected, gold purchasing profits are down year on year predominantly due to a decline in margin. Underlying volumes for the second half however have been relatively stable, and gold purchasing is expected to remain as a steady source of profitability and cash flow, albeit at lower levels than in recent years.

H&T expects to report its preliminary results on March 7.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19