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

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.