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H+T pledge book declines but retail sales jump 49%

H+T pledge book declines but retail sales jump 49%

Pawnbroker planning to launch retail jewellery offer online in 2015. Pawnbroker H&T has today released its interim results for the first six months of 2014 ended June 30, with retail sales climbing 49.3% and net profit reaching £2 million – a £2.6 million decline compared to H1 2013. The business, which operates 191 units across

H&T group profit drops 60% to £6.7m in 2013

But pawnbroker’s retail sales remained resilient in tough environment. Pawnbroker H&T Group has released its preliminary results for the year ended December 31 2013, with group profit before tax falling 60.6% to £6.7 million but retail sales climbing 23.9% to £24.9 million. According to the results, H&T’s group profit totalled £49.9 million in 2013, a

H&T H1 interim results show pledge book up 13.6%

Pawnbroker continues new store drive but profit before tax falls. Pawnbroking group H&T has today announced its interim results for the six month ended June 30 2012, with its pledge book increasing by 13.6% to £46.8m and its profit before tax falling to £7.5m, something it says it in line with expectations. The H1 figures

Pawnbrokers note rise in ‘middle class’ customers

Families pawn watches and jewellery to afford school fees. British pawnbrokers are said to have experienced a rise in “middle class” customers pawning fine watches and jewellery in order to pay off expensive bills such as school fees and holiday deposits. In a report published in The Sunday Times at the weekend it was found

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