Ramsdens Holdings Plc (AIM:RFX) Trading update

Ramsdens Holdings PLC, the diversified financial services provider and retailer, is pleased to announce that the strong foreign exchange results in the early summer months gained additional momentum through the traditional peak period of July and August.

In addition, the Group is benefiting from its jewellery retail initiatives and these, along with the continued strong gold price, has helped the precious metals buying and pawnbroking segments.

As a result we expect our interim and full year profit before tax to be significantly ahead of market expectations.

Peter Kenyon, CEO of Ramsdens commented:

“We are delighted to report a strong trading period across all the Company’s core business segments and in particular a strong peak trading period for foreign exchange.

We have a trusted and recognised brand, a leading store portfolio, an exceptional team and a diversified offering. We look forward to further updating our stakeholders with our Interim Result results in late November.”

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