The Ramsdens Holdings Plc Board is to announce an interim dividend of 3.3 pence per share (HY22: 2.7 pence per share), an increase of 22%. The dividend will be payable on 6 October 2023 to those shareholders on the register on 8 September 2023. The ex-dividend date will be 7 September 2023.
Other financial highlights include:
A strong performance with Profit Before Tax up by 68% to £3.7m (HY22: £2.2m)
Gross revenue increased by 33% to £39.0m (HY22: £29.3m)
Jewellery retail revenue increased by 32% to £17.3m (HY22: £13.1m)
o Online jewellery retail sales increased by 89% year on year to £3.7m (HY22: £2.0m) and represented 21% of total jewellery sold (HY22: 15%)
Pawnbroking loan book at the Period end increased by 29% to £9.7m (HY22: £7.5m)
Foreign currency gross profit increased by 41% to £4.9m (HY22: £3.4m)
Gross profit from the purchase of precious metals increased by 28% to £4.0m (HY22: £3.1m)
Net Assets increased by £5.4m to £43.0m (HY22: £37.6m)
Reflecting the Group's positive trading momentum and the Board's confidence in the outlook
