UK's H&T falls on higher spring redemption rates

H & T

20/08/2024 14:59

** Shares of UK Pawnbroker H&T Group  HTGR.L  down 7.2% at
388 pence; among top losers across all London stocks
    ** Co says average redemptions through spring rose; overall
redemption rates for HY stood at about 85% 
    ** Adds redemption levels have now normalized, although this
occurred later than anticipated
    ** HTGR posts 12.5% growth in HY pre-tax profit to 9.9 mln
pounds ($12.89 mln)
    ** Including session's losses, stock down about 9% YTD





($1 = 0.7681 pounds)

 (Reporting by DhanushVignesh Babu in Bengaluru)
 ((DhanushVignesh.Babu@thomsonreuters.com;))