H&T Group (HAT)

Sector:

Financials

Index:

FTSE AIM All-Share

376.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 490.00
  • 52 Week Low: 335.00
  • Currency: UK Pounds
  • Shares Issued: 43.99m
  • Volume: 34,565
  • Market Cap: £165.39m
  • RiskGrade: 242

Pawnbroker H&T's profit to beat expectations

By Sean Farrell

Date: Monday 25 Jan 2021

LONDON (ShareCast) - (Sharecast News) - H&T said annual profit would beat expectations after strong jewellery sales and the high gold price supported the pawnbroker's trading.
The company said retail jewellery sales were strong in the second half, particularly in December, and were down 6% from a year earlier. Returns from precious metal scrappage rose 58%, boosted by the price of gold during the Covid-19 crisis.

H&T said foreign currency income was "remarkably resilient" during travel restrictions. Annual revenue was 65% of the year before and Western Union transactions were more than three times higher than in 2019.

The year-end pledge book was £48m, in line with the figure in early November and with a "resilient" fourth-quarter performance, H&T said. The personal lending book was £6m at the end of December with reduced impairment charges.

H&T shares rose 8.9% to 294p at 12:07 GMT.

Chief Executive Chris Gillespie said: "We have ended 2020 robustly with an outturn ahead of expectations, showing the strength of the company in these challenging conditions."

Gillespie took over as chief executive in October after joining the AIM-traded company from Provident Financial. He said almost all the group's 253 stores were open with shortened trading hours. H&T said it had £34m cash at the end of December and no debt.







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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

H&T Group Market Data

Currency UK Pounds
Share Price 376.00p
Change Today -3.00p
% Change -0.79 %
52 Week High 490.00
52 Week Low 335.00
Volume 34,565
Shares Issued 43.99m
Market Cap £165.39m
RiskGrade 242

H&T Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.13% above the market average76.13% above the market average76.13% above the market average76.13% above the market average76.13% above the market average
18.1% below the sector average18.1% below the sector average18.1% below the sector average18.1% below the sector average18.1% below the sector average
Price Trend
0.91% below the market average0.91% below the market average0.91% below the market average0.91% below the market average0.91% below the market average
12.07% above the sector average12.07% above the sector average12.07% above the sector average12.07% above the sector average12.07% above the sector average
Income
74.75% above the market average74.75% above the market average74.75% above the market average74.75% above the market average74.75% above the market average
30.30% above the sector average30.30% above the sector average30.30% above the sector average30.30% above the sector average30.30% above the sector average
Growth
79.57% above the market average79.57% above the market average79.57% above the market average79.57% above the market average79.57% above the market average
86.92% above the sector average86.92% above the sector average86.92% above the sector average86.92% above the sector average86.92% above the sector average

H&T Group Dividends

  Latest Previous
  Final Interim
Ex-Div 30-May-24 07-Sep-23
Paid 28-Jun-24 06-Oct-23
Amount 10.50p 6.50p

Trades for 28-Mar-2024

Time Volume / Share Price
15:22 500 @ 370.48p
15:08 1,056 @ 378.00p
15:03 23 @ 378.00p
15:00 930 @ 370.00p
14:42 58 @ 378.00p

H&T Group Key Personnel

CEO Chris Gillespie
CFO Diane Giddy

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