Ramsdens Holdings (RFX)

Sector:

Financials

Index:

FTSE AIM All-Share

192.50p
   
  • Change Today:
    -5.00p
  • 52 Week High: 262.50p
  • 52 Week Low: 171.50p
  • Currency: UK Pounds
  • Shares Issued: 31.71m
  • Volume: 47,795
  • Market Cap: £61.05m
  • RiskGrade: 193

Ramsdens set to deliver record full-year profits

By Benjamin Chiou

Date: Thursday 05 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Shares in Ramsdens Holdings raced ahead of Thursday after the FX, pawnbroking and jewellery retail group said it expects to deliver record profits for the fiscal year just ended.
In a pre-close update for the 12 months to 30 September, the company said it made "good progress" across each of its income streams.

"While the economic backdrop is challenging and Ramsdens is not immune to inflationary cost pressures, particularly energy and payroll, the board remains confident that Ramsdens is in a good position to continue its positive momentum into the new financial year underpinned by the group's proven and diversified business model, strong brand and clear growth strategy," said chief executive Peter Kenyon.

Pre-tax profit for the year is expected to come in at an all-time high of "more than £10m", compared with £8.4m the previous year.

In terms of its divisional performance: FX revenues rose 8%, though increased volumes were offset by lower average transaction values leading to a reduction in margins; jewellery retail saw 20% sales growth, helped by strong momentum online; the active pawnbroking loan book rose by 20%, helped by a record month for new lending in August; while precious metal buying revenues jumped by 50%.

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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.

 

RFX Market Data

Currency UK Pounds
Share Price 192.50p
Change Today -5.00p
% Change -2.53 %
52 Week High 262.50p
52 Week Low 171.50p
Volume 47,795
Shares Issued 31.71m
Market Cap £61.05m
RiskGrade 193

RFX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.67% above the market average43.67% above the market average43.67% above the market average43.67% above the market average43.67% above the market average
62.62% below the sector average62.62% below the sector average62.62% below the sector average62.62% below the sector average62.62% below the sector average
Price Trend
16.74% below the market average16.74% below the market average16.74% below the market average16.74% below the market average16.74% below the market average
10.34% below the sector average10.34% below the sector average10.34% below the sector average10.34% below the sector average10.34% below the sector average
Income
82.46% above the market average82.46% above the market average82.46% above the market average82.46% above the market average82.46% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
92.34% above the market average92.34% above the market average92.34% above the market average92.34% above the market average92.34% above the market average
96.30% above the sector average96.30% above the sector average96.30% above the sector average96.30% above the sector average96.30% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RFX Dividends

  Latest Previous
  Final Interim
Ex-Div 15-Feb-24 07-Sep-23
Paid 22-Mar-24 06-Oct-23
Amount 7.10p 3.30p

Trades for 24-Apr-2024

Time Volume / Share Price
16:34 20,501 @ 198.50p
16:19 12 @ 190.00p
16:12 14 @ 194.90p
15:42 500 @ 191.00p
14:22 108 @ 194.50p

RFX Key Personnel

CEO Peter Edward Kenyon
CFO Martin Anthony Clyburn

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