H&T Group (HAT) Half Year results presentation - August 2024

H&T Group CEO, Chris Gillespie and CFO, Diane Giddy present the group's results for the six months ended 30 June 2024, followed by Q&A. Chris Gillespie, CEO 00:16 - Introduction 00:34 - H1 Overview 01:36 - About H&T Group 03:27 - Product offering & profit contribution 03:59 - Physical stores & digital platform Diane Giddy, CFO 05:13 - H1 Financial summary 07:54 - Income statement 08:53 - Balance sheet 09:58 - Cashflow 10:49 - Segmental performance Chris Gillespie, CEO 17:33 - Maxcroft acquisition 19:29 - Store estate 23:41 - Retail strategy 26:22 - Macroeconomic factors 27:21 - H&T investment case 29:46 - Summary & outlook 31:55 - Q&A H&T is the UK's largest pawnbroker, a leading retailer of high quality new and pre-owned jewellery and pre-owned watches and provides a range of financial products tailored for a customer base which has limited access to or is excluded from the traditional banking sector. These products include Pawnbroking, Retail and Foreign Currency. H&T's store estate of over 280 stores across the UK provide customers with small-sum short-term non-recourse pawnbroking loans secured by pledged personal property, which consists primarily of gold, jewellery items and watches. H&T also buys and sells new and pre-owned gold, jewellery items and watches along with providing foreign currency exchange, international money transfer, third-party cheque encashment and watch repair services to its customers. H&T is regulated by the Financial Conduct Authority for its pawnbroking activities. H&T's common stock (ticker symbol "HAT") is traded on AIM, which is the London Stock Exchange's market for small and medium size growth companies. For more information regarding H&T and the services the Group offers, please visit H&T's website at http://handt.co.uk.