10 October 2024

Ramsdens Holdings PLC

("Ramsdens" or the "Group")

Pre-Close Trading Update and Notice of Annual Results

Positive trading momentum continued during second half

Ramsdens Holdings PLC, the diversified financial services provider and retailer, is pleased to provide the following trading update for the financial year ended 30 September 2024 (FY24).

As highlighted in the trading update published on 6 August, FY24 has been another year of record performance and the Group expects to report profit before tax of at least £11m (FY23: £10.1m). The positive trading momentum sets the Group up well for continued growth in FY25.

Ramsdens intends to announce its FY24 results on 14 January 2025.

Peter Kenyon, CEO of Ramsdens commented:

"We're pleased with the record profit performance in FY24.  All key income streams are growing and we have optimism for further progress in FY25."

"This performance once again demonstrates the strength of our diversified business model which underpins our long-term growth strategy."

ENDS

Enquiries:

Ramsdens Holdings PLC                                                    Tel: +44 (0) 1642 579957

Peter Kenyon, CEO

Martin Clyburn, CFO

Panmure Liberum (Nominated Adviser and Broker)        Tel: +44 (0) 20 3100 2000

Richard Lindley

Will King

Hudson Sandler (Financial PR)                                          Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam-Coles

Emily Brooker

About Ramsdens

Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery. 

Ramsdens does not offer unsecured high-cost short term credit.

Headquartered in Middlesbrough, the Group operates from 169 stores within the UK (including one franchised store) and has a growing online presence.

Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.

www.ramsdensplc.com

www.ramsdensforcash.co.uk

www.ramsdensjewellery.co.uk

www.ramsdenscurrency.co.uk