Retailer and lender Ramsdens has posted record results for last year, as pre-tax profit jumped by over ten per cent for the firm.
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00:00Hello, I'm Michael Crosland, Business Reporter with the Yorkshire Post, here with the news
00:04today that lender and retail firm Ramsden's has posted record results for the year as
00:10pre-tax profits jumped by over 10% for the company. The company, which works across Pornbrook
00:17in currency exchange and retail markets, posted a 12% jump in pre-tax profits to £11.4m for
00:24the year ending 30th September. Revenue for the company also lifted 4% to £95.6m. Ramsden
00:34saw growth across each of its divisions, with high gold prices and a lift in demand for
00:39high-end watches, driving profit. The company also opened seven new stores in the period,
00:45including in York, and opened a second head office in Teesside. That's all we have for
00:51the time being. I'm Michael Crosland, reporting for the Yorkshire Post.