Pre-Close Trading Update and Notice of Results
Source: RNS
10 October 2024
Ramsdens Holdings PLC
("Ramsdens" or the "Group")
Pre-Close Trading Update and Notice of Annual Results
Positive trading momentum continued during second half
Ramsdens Holdings PLC, the diversified financial services provider and retailer, is pleased to provide the following trading update for the financial year ended 30 September 2024 (FY24).
As highlighted in the trading update published on 6 August, FY24 has been another year of record performance and the Group expects to report profit before tax of at least £11m (FY23: £10.1m). The positive trading momentum sets the Group up well for continued growth in FY25.
Ramsdens intends to announce its FY24 results on 14 January 2025.
Peter Kenyon, CEO of Ramsdens commented:
"We're pleased with the record profit performance in FY24. All key income streams are growing and we have optimism for further progress in FY25."
"This performance once again demonstrates the strength of our diversified business model which underpins our long-term growth strategy."
ENDS
Enquiries:
Ramsdens Holdings PLC Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
Panmure Liberum (Nominated Adviser and Broker) Tel: +44 (0) 20 3100 2000
Richard Lindley
Will King
Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam-Coles
Emily Brooker
About Ramsdens
Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery.
Ramsdens does not offer unsecured high-cost short term credit.
Headquartered in Middlesbrough, the Group operates from 169 stores within the UK (including one franchised store) and has a growing online presence.
Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.
www.ramsdenscurrency.co.uk
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