Brief: H&T Group HY Gross Lending Up 22% To 128 Mln Stg

H & T

11/07/2023 07:30

July 11 (Reuters) - H & T Group PLC  HTGR.L :
    * TRADING UPDATE & NOTICE OF RESULTS
    * HY GROSS LENDING GREW 22% TO £128M (H1 2022: £105M)
    * DEMAND FOR PLEDGE LENDING REMAINS AT RECORD LEVELS
    * FOLLOWING STRONG GROWTH, PARTICULARLY IN MAY AND JUNE,
PLEDGE
BOOK WAS C.£113M AS AT 30 JUNE 2023
    * HY SCRAP VOLUMES PARTICULARLY STRONG, WITH PROFITS AHEAD
OF
EXPECTATIONS AND SUBSTANTIALLY OFFSETTING MARGIN COMPRESSION IN
RETAIL SALE

Source text for Eikon:  ID:nRSK5435Fa 
Further company coverage:  HTGR.L 

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