REG - Ramsdens Holdings - Pre-Close Trading Update and Notice of Results

Ramsdens HoldingsAnnouncement

10/10/2024 07:00

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RNS Number : 6053H  Ramsdens Holdings PLC  10 October 2024

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.ramsdensplc.com
(file:///C%3A/Users/alex/Dropbox%20(Hudson%20Sandler)/Clients/Ramsdens/Releases/Drafts/www.ramsdensplc.com)

www.ramsdensforcash.co.uk (http://www.ramsdensforcash.co.uk)

www.ramsdensjewellery.co.uk (http://www.ramsdensjewellery.co.uk)

www.ramsdenscurrency.co.uk

 

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