1 September 2017 – trading update

The company has announced that it expects interim and full year profit before tax to be significantly ahead of market expectations.  Strong foreign exchange results in the early summer months gained further momentum through the traditional peak period of July and August.  Jewellery retail initiatives have helped and these, supplemented by the continued strong gold price, have helped the precious metals buying and pawnbroking segments.  Although the price is continuing to run up we keep our BUY rating.