Stanley Gibbons says its coins trader is bringing in the cash
STAMP dealership Stanley Gibbons said yesterday that it expects increased sales in the year ahead as a result of “cross selling opportunities” made possible by its recent £45.3m acquisition of Noble, the coin-collecting firm.
In a pre-close trading update, the 150-year-old group added that it expects sales and profitability for 2013 to be in line with market expectations.
The Aim-quoted firm, which received a Royal Warrant from King George V in 1914, is also planning to launch an online marketplace for collectibles in the second half of this year.
Shares closed up 1.5 per cent at 364.5p yesterday.