H&T Group profits get lift from uptick in pawnbroking, personal lending and retail activity

10:19 13/08/2019
StockMarketWire.com - H&T Group said profits rose 7.9% in the first half of the year as revenue was boosted by increased pawnbroking, personal lending and retail activity.

For the six months ended 30 June 2019, pre-tax profits were up 7.9% to £6.8m from a year earlier,w with revenue up £1.5m to £70m.

The company approved an interim dividend of 4.7 pence, up from 4.4p last year.

'We are excited about the opportunity to achieve uplift and return from our newly enlarged store estate,' the company said. 'We will continue to focus on people development and transfer the Group's success factors into the 65 newly acquired ex-Money Shop stores.'

'We will also look at opportunities where the Money shop excelled (for example Western Union, FX, cheque cashing) and transfer knowledge and synergies where relevant.'

At 10:19am: (LON:HAT) HT Group PLC share price was +0.5p at 342p


Story provided by StockMarketWire.com

Forex

Commodities

What the Papers Say

telegraph financial times daily mail daily express independent times
21:39 FirstFT: Today’s top stories 
source: FT.com
21:33 PG&E sinks to 7-month low on new wildfire...
source: FT.com
21:30 Wall Street rises for third day while...
source: FT.com
20:09 China social media accounts suspended over...
source: FT.com
19:48 Banking bodies look at shorter trading day...
source: FT.com
19:47 Hong Kong billionaire to buy pub group...
source: FT.com
19:46 Royal Mail accord with workers is...
source: FT.com
19:45 Markets rally despite new Germany...
source: The Guardian
19:20 Saxo chief predicts more fintech takeovers
source: FT.com
19:16 Auction blunder sees sale of oldest...
source: The Daily Mail
[more ...]