REG - Ramsdens Holdings - Pre-Close Trading Update

Ramsdens HoldingsAnnouncement

Wed 07:00

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RNS Number : 4443C  Ramsdens Holdings PLC  08 October 2025

8 October 2025

 

 

Ramsdens Holdings PLC

 

("Ramsdens" or the "Group")

 

Pre-Close Trading Update

FY25 profit before tax slightly ahead of expectations, reflecting further
progress across core income streams as well as the continued benefit of the
high gold price

Ramsdens Holdings PLC, the growing, diversified financial services provider
and retailer, is pleased to provide an update on FY25 trading (year to 30
September 2025).

The Group continues to benefit from its diversified model of financial and
retail services.  Since the Group's interim results on 4 June 2025, the Group
has continued to perform well. As a result, the Board now expects FY25 profit
before tax to be slightly ahead of analyst expectations*.

 

Highlights

 ●    The purchase of precious metals segment continued to perform very strongly in
      the second half of the year with FY25 gross profit increasing 50% year on
      year. This was supported by a stronger gold price and the launch of a
      dedicated gold buying website to drive awareness, which together have resulted
      in approximately 15% year on year increase in the weight of gold purchased.
 ●    The pawnbroking loan book grew by 8% year on year to £11.5m (FY24:
      £10.7m).  This income stream saw particularly strong growth in the second
      half of the year, as we continued to benefit from the November 2024 launch of
      our new dedicated pawnbroking website attracting new customers.
 ●    Jewellery retail gross profit increased by approximately 15% year on year,
      with new and preowned jewellery and premium watches all performing well
      following further investment in stock, website advertising and staff
      training.
 ●    Foreign currency (FX) gross profit was broadly flat year on year, against a
      strong FY24 comparative, when we benefited from the UEFA Euros and Olympics.
      The Ramsdens' multi-currency card continues to perform well with almost 40,000
      cards now in issue (17,000 as of end of FY24).  Our International Money
      Transfer service continues to grow well from a low base and will soon be
      available in Ramsdens' stores across the country.
 ●    Our store estate remains at 169 including one franchised store, following a
      planned slowdown in FY25 openings. During the year, we opened new stores in
      Grantham and Burton which have performed well. We also merged two of our
      central Glasgow stores and closed our kiosk site at Teesside Airport.

 

Outlook

Looking to FY26, underpinned by a strong trusted brand and diversified income
streams, the Group is very well placed to make continued progress.

The Board, following our success and having confidence in our high street
model, expects to open between eight and 12 new stores per year from FY26.

 

Notice of Full Year Results

Ramsdens intends to announce its annual results on 14 January 2026.

 

Peter Kenyon, CEO of Ramsdens commented:

"FY25 has been another good year of progress for Ramsdens, as we continue to
reap the benefits of our diversified income streams.

Whilst we have benefited from the sustained high gold price within our
purchase of precious metals segment, we've also continued to make good
progress across our other income streams. In particular, our continued success
in jewellery retail highlights a growing awareness of our value for money
proposition.

I would like to again recognise and thank the Ramsdens' team for their
continued hard work making this strong trading performance possible. We look
forward to building on this in FY26."

 

*Prior to this announcement, analyst expectations for profit before tax for
FY25 were £15.4m.

 

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

Stephen Jones

Atholl Tweedie

Will King

 

Hudson Sandler (Financial PR)
 
            Tel: +44 (0) 20 7796 4133

Alex Brennan

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, credit broking
activities and as an authorised payments institution.

 

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

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

www.ramsdenscurrency.co.uk (http://www.ramsdenscurrency.co.uk)
www.ramsdenspawnbrokers.co.uk (http://www.ramsdenspawnbrokers.co.uk)

www.ramsdensgoldbuying.co.uk

 

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