Ramsdens Holdings Plc Board is recommending both an ordinary final dividend and a special dividend for approval at the forthcoming AGM. The recommended ordinary final dividend is 9.0p (FY24: 7.6p) in line with their progressive dividend policy and the recommended final special dividend is 2.0p (FY24: nil). Pending shareholder approval, the full year ordinary dividend of 13.5p (FY24: 11.2p) would represent an increase of 21% year on year. Including the special dividends announced this year, the total dividend for FY25, if approved, would be 16.0p and represents a 43% increase on last year. Subject to shareholder approval, both the final dividend and the special dividend are expected to be paid on 20 March 2026 for those shareholders on the register on 13 February 2026. The ex-dividend date will be 12 February 2026.
Other financial highlights include:
●
Record Group revenue and profit driven by progress in all four key income streams as well as continued benefit from the sustained high gold price.
●
Very strong performance delivered by the purchase of precious metals segment, with volume and value supported by the high gold price. Gross profit for this segment increased 52% to £17.9m (FY24: £11.8m).
●
Pawnbroking gross profit increased 9% to £12.7m (FY24: £11.7m) with the growth in the loan book being primarily in H2.
●
Jewellery retail gross profit increased 18% to £15.7m (FY24: £13.3m), with increased input costs in light of the high gold price being carefully managed. Pre-owned jewellery performed particularly well, with revenue from pre-owned jewellery increasing by 35%.
●
Total currency exchanged increased 1% to £429m. Foreign currency gross profit decreased 3% year on year to £13.8m (FY24: £14.2m) as more customers migrated to online ordering and currency cards which generate lower margins.
●
As planned, we maintained the size of their store estate, ending FY25 with 168 stores plus one franchised store. The Group opened in Burton and Grantham during the year, closed its Teesside airport kiosk and merged its two central Glasgow stores.
