Ramsdens Holdings Plc announce an interim dividend to 4.5 pence per share

DividendMax Ltd.

Ramsdens Holdings Plc announce an interim dividend to 4.5 pence per share

Ramsdens Holding Plc Board is to announce an interim ordinary dividend of 4.5 pence per share (HY24: 3.6 pence per share), an increase of 25%. In addition, an interim special dividend of 0.5 pence per share has been approved. Both interim dividends will be payable on 9 October 2025 to those shareholders on the register on 12 September 2025. The ex-dividend date will be 11 September 2025.

Other financial highlights include:

Revenue increased by 18% to £51.6m (HY24: £43.8m) and gross profit increased by 20% to £27.1m (HY24: £22.5m).

54% growth in profit before tax, to a record £6.1m (HY24: £4.0m).

Purchase of precious metals segment has continued to perform very strongly with gross profit increasing 53% to £7.6m (HY24: £5.0m), driven largely by the sustained exceptionally high gold price and an increase in the weight of gold purchased.

Jewellery retail revenue increased by 18% to £20.7m (HY24: £17.5m) with retail gross profit increasing by 18% to £7.9m (HY24: £6.7m).

Pawnbroking gross profit increased by 11% to £6.2m (HY24: £5.6m), with their new dedicated pawnbroking website launched in November 2024, attracting new customers.

Foreign currency gross profit was marginally ahead of the prior year at £5.1m (HY24: £5.0m).

Net assets increased to £54.7m (HY24: £47.8m), including an increase in net cash (being cash less bank borrowings) to £7.4m (HY24: £3.8m).

Companies mentioned