H&T GROUP another positive trading update but how long will the good times continue?
All business segments are expected to show year-on-year growth in gross profit, driven both by existing store performance and the addition of a further 13 stores across the estate during 2010. They also benefited from the delivery of one-off working capital improvements, contributing an estimated £4.9m to profit before tax in 2010.
The key factors behind the out-performance have been their continued success in the gold purchasing market and significantly increased profit from pawnbroking scrap.…
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