H&T Chief Executive, Chris Gillespie and CFO, Diane Giddy, present interim results for the six months ended 30 June 2023. H&T Group is the largest pawnbroker and leading retailer of high-quality new and pre-owned jewellery and watches.

Chris Gillespie, Chief Executive
00:18 Introduction
00:45 H&T at a glance
02:50 Breakdown by profit
03:20 Headline achievements
05:38 Financial headline summary

Diane Giddy, CFO
07:00 Segmental profits
07:54 Income statement
08:50 Operating costs
10:43 Operational leverage
11:05 Balance sheet
11:43 Cash flow statement
12:39 Segmental results

Chris Gillespie, Chief Executive
16:38 Store metrics
18:35 Investment strategy
21:00 ESG
22:03 Business focus & outlook
23:41 H&T investment case

26:00 Q&A

H&T Group plc is a United Kingdom-based non-trading holding company. The principal activities of the Company and its subsidiaries include pawnbroking, gold purchasing, retail of new and pre-owned jewelry and watches, cheque cashing, unsecured lending, and other related services operated through Harvey & Thompson Limited. Its segments include pawnbroking, gold purchasing, retail, pawnbroking scrap, personal loans, foreign exchange and other services. The pawnbroking segment is engaged in providing secured loans against collateral (the pledge). Its gold purchasing segment is engaged in buying jewelry directly from customers through its stores. The retail segment is engaged in retail sales of primarily gold, jewelry and watches, and the retail sales are forfeited items from the pawnbroking pledge book or refurbished items from its gold purchasing operations. Its pawnbroking scrap segment consists of gold scrap sales of its inventory assets other than those reported within gold purchasing.

H&T Group (HAT) 2023 interim results presentation - August 2023