The Ramsden Holdings Plc Board is to announce an interim dividend of 3.6 pence per share (HY23: 3.3 pence per share), an increase of 9%. The dividend will be payable on 7 October 2024 to those shareholders on the register on 6 September 2024. The ex-dividend date will be 5 September 2024.
Other financial highlights include:
Continued growth across all key income streams resulted in Profit Before Tax increasing by 8% to £4.0m (HY23: £3.7m).
Gross revenue increased by 12% to £43.8m (HY23: £39.0m).
Jewellery retail revenue increased by 1% to £17.5m (HY23: £17.3m) with retail gross profit increasing by 6% to £6.7m (HY23: £6.3m) due to product mix benefits.
Pawnbroking loan book at the Period end increased by 12% to £10.8m (HY23: £9.7m).
Foreign currency gross profit increased by 3% to £5.0m (HY23: £4.9m).
Gross profit from the purchase of precious metals increased by 25% to £5.0m (HY23: £4.0m).
Net Assets increased by £4.8m to £47.8m (HY23: £43.0m).
