Company
H&T Group PLC
LON:HAT
H&T Group PLC is the UK's largest pawnbroker and provides a range of financial services to meet customers' needs. The company is also one of the largest retailers of high-quality pre-owned and new jewellery and watches.
130 stories · page 1 of 2
H&T Group rounds off 2022 with record December sales and a strong pledge book
Long-term H&T chair Peter McNamara to step down after 14 years in the seat
H&T Group launches £17mln fundraising to expand pawnbroking store network
Strong pawnbroking demand is seen as a consequence of two main factors: the squeeze on disposable incomes from rising inflation and a reduction in the number of small-sum lenders
H&T rides high on the pawnbroking boom
Current consumer trends make for a ‘a structural shift in favour’ of Britain’s largest pledge book
H&T forecasts raised after half-year results
Earlier today, H&T announced a 42.6% increase in profits for the first six months
H&T Group posts rise in first-half profit as demand for pawnbroking loans grows
The pawnbroker expects demand to remain strong as high inflation increases the need for small-sum, short-term credit
H&T Group could be set for upgrades as it confirms positive first half performance
There's no sign that the company's performance is slowing down, Shore Capital said.
Pawnbroker H&T expands watch services in Swiss Time deal
The pawnbroker said it plans to roll out a new 'repair and care' service for customers of its watches
H&T Group trading strongly in 2022
"Demand for our core pawnbroking loans has been the strongest for many years. This reflects a growing need by customers to borrow a small sum for a short term at a time of reduced supply of such credit"
H&T appoints new non-executive director to grow marketing and digital operations
Toni Wood, who is also a director of WVC and Ginger Homes, will start her new role on 12 May
H&T Group confirms high-cost short-term loan redress in line with expectations
A total of £2.1mln of redress will be paid, including statutory interest up to 31 March 2022
H&T Group hikes dividend 41% as pledge book recovers and with strong pawnbroking demand
After record levels of lending in December, momentum is said to have continued into 2022
H&T reports strong pledge loan demand in run-up to Christmas
Demand for loans back to pre-pandemic levels says pawnbroker
H&T's new CFO Diane Giddy joins company
Giddy was previously CFO of FirstRand’s London branch
H&T Group has strong recovery potential, says City broker
The pawnbroker is expected to benefit from a post-pandemic pick-up in demand
H&T Group whacks up the divi as pledge levels continue to recover
The group has traded well since the lockdown restrictions started to be lifted in the UK in April, the company said in its results statement covering the first half of 2021
H&T Group worth buying after withdrawal of competition, says broker Shore Capital
The nature of pawnbroking “potentially makes it lower risk in the eyes of the regulator and hence a more viable alternative,” said analyst Gary Greenwood
H&T Group looking for new chief financial officer as Withers seeks pastures new
"He leaves the business in robust financial health and we wish him well for the future," said Peter McNamara, the chairman of the pawnbroking group
H&T Group ready to rebuild the pledge book
H&T Group was one of those businesses performing ahead of expectations last year until the retail landscape was completely changed by the spread of COVID-19
H & T to beat profits target as jewellery and gold trade well
"Our business remains in good health with returning momentum in the pledge book continuing into 2021"
H&T Group sees customers old and new pour through its doors
Strong gold price is adding to good trading performance
H&T reports good trading as gold price and watch demand buoy revenues
“Overall we are performing in line with plans and currently ahead of market expectations for the year.”
H&T Group promotes executive director to chief executive
Gillespie is replacing John Nichols, who is retiring on December 31, 2020, after nearly 24 years of service with the pawnbroking group
H&T Group to pay interim dividend, confident its well-positioned for rest of 2020
“The group has a strong balance sheet, no debt and a good cash position," said John Nichols.
H&T now trading in all shops with full financial service offering, retail jewellery
“Whilst not immune to the effects of the pandemic, H&T has come through this phase of this global crisis in good order and in a robust financial position”
H&T moving to take interest repayments and make cash advances via online portal
The decision not to pay a final dividend strengthens the board's view that the group remains appropriately capitalised with recurring strong cash flows during this extraordinary time
H&T Group jumps as profits surge 45%, helped by rising gold prices
The pawnbroker reported a pre-tax profit of £20.1mln, up 45.7% on the prior year, with the company’s pledge book increased by 38.8% to £72.2mln
H&T Group predicts 2019 profits will be at the top end of expectations
"Demand for our products remains strong and we look to the future with confidence"
H&T Group says Richard Withers has joined its board as chief financial officer with immediate effect
Withers joined the group in 2018 and has fulfilled the role of interim finance director with great ability, leading to his permanent appointment
H&T Group reviewing its high-cost short-term credit policies
H&T said it is committed to providing a service that maintains the highest standards of affordability whilst avoiding any customer detriment.
H&T Group acquires loan books from bust rival Albermarle & Bond
H&T says loans can be redeemed or extended through its 248 branches
H&T Group says demand for small-sum, short-term cash loans remains strong
"We have made a good start to the year due to the resilient nature of our product set, our investment in people, and our digital initiatives."
H&T finance director Steve Fenerty passes away
Steve Fenerty was diagnosed with acute lymphoblastic leukaemia last February
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H&T Group raises £6mln as it swoops for Money Shop stores
H&T said the removal of previous cash constraints suffered by The Money Shop will unlock trading benefits
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FTSE 100 closes firmly higher as trade optimism boosts sentiment
The Footsie closed up over 61 points at 7,559. The FTSE 250 closed up around 24 points higher at 19,659.
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H&T Group on the rise after strong fourth quarter
"The group's performance over the past three years demonstrates the success of our strategy to access new customers and markets. Demand for our products remains strong and we look to the future with confidence," said John Nichols, the chief
FTSE 100 edges higher ahead of big Brexit vote
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Pawnbroker H&T reaps rewards from online investment
H&T has been investing in its online proposition of late, and it seems to be money well spent
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
Pawnbroker H&T sees investing in digital technology as key to growth
“I think customers are seeing that we do offer value and that really is the answer,” said chief executive John Nichols
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H&T Group sees steady pawnbroking growth
The average number of customer visits at the company's pawnbroking outlets has increased
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The blue-chip index of leading shares closed down almost 31 points at 7,611
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H&T Group profits soar as personal loan book almost doubles
The size of the personal loan book rose to £18.3mln while impairment charges were also lower
FTSE 100 closes firmly lower as traders get jumpy about US politics
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H&T Group PLC raises profit expectations again after surge in personal loans
The personal loans book shot up by 94.7% to £18.3mln from £9.4mln at the end of the previous year
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London's top tier index closed down nearly 28 points at 7,696
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Pawnbroker H&T confident about the future after 'milestone year'
Last year the company saw gross profits jump 45% thanks to a booming personal loan book and robust sales of luxury second-hand watches and jewellery.
FTSE 100 closes at new high
The index of blue-chip shares was up 4 points to 7,554 around 3.50pm
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Brokers raise forecasts after strong first half from H&T
All parts of the business performed well, and the strength of the gold price provided a nice boost