Ramsdens
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Ramsdens (RFX) investor relations material

Ramsdens Q4 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2026 TU earnings summary12 Oct, 2026

FY26 outlook

  • FY26 profit before tax expected at £32m–£35m, in line with upgraded guidance issued on 16 July 2026.

Precious metals and pawnbroking

  • Average FY26 gold price ~45% above FY25; average weight of gold purchased up 40% YoY, with volumes still elevated after peaking in February/March.

  • Precious metals gross profit doubled to ~£36m from £18m in FY25.

  • Pawnbroking loan book, net of part payments, reached £15.9m at year-end vs £11.5m in FY25; repayment rates in line with historical performance and loan-to-value below 65%.

Retail, currency and store network

  • Jewellery retail gross profit ~20% ahead of FY25; margins maintained despite higher gold input costs, with strength online, in-store and across key product categories.

  • Currency exchanged broadly in line with FY25 at keener margins; ~60,000 Ramsdens Mastercard Multi Currency Cards in circulation offset a small decline in cash currency exchanged.

  • Opened 10 stores in FY26, including the Sheerness acquisition and nine new sites; St Helens and Leicester stores in fit-out, with a solid FY27 pipeline.

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H2 202614 Jan, 2027
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