Since its IPO in 2017, Ramsdens has delivered consistent growth and established itself as a leading player in the UK market. Although its exposure to the gold price creates an element of variability in the group’s earnings, our forecasts are conservatively struck in the context of prevailing spot prices, providing upside risks to our medium-term forecasts. We believe the group will deliver attractive rates of growth over the forecast horizon. Continued growth in its retail store base, alongside ....
