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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.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.
- FY26 profit forecast raised to £32m–£35m amid strong trading and segment outperformance.RFX
Trading update - Record profit before tax of £16.7m, raised FY26 guidance, and strong segment growth.RFX
H1 2026 - FY26 profit guidance raised to £28.5m–£31.5m on strong gold and retail performance.RFX
Trading update - Profit before tax up to £4.0m on 12% revenue growth, with all major segments expanding.RFX
H1 2024 - Record FY24 profit and growth across all segments set the stage for further gains in FY25.RFX
Trading update - FY24 profit before tax is set to exceed expectations, driven by strong precious metals and retail growth.RFX
Trading update - Double-digit profit and revenue growth, with strong gold and retail performance fueling expansion.RFX
H2 2024 - Profit before tax rose 54% to £6.1m, with revenue up 18% and strong growth in all segments.RFX
H1 2025 - Record profit and revenue growth, special dividend, and resumed store expansion amid strong gold prices.RFX
H2 2025
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