Trading Update and Profit Forecast
17 February 2023
Hallenstein Glasson Holdings Limited
Trading Update and Profit Forecast
The Company advises that total Group sales for the six‐month period ended 1 February 2023 were
$223.3 million, an increase of 30.9% over the prior corresponding period ($170.6 million).
Group profit after tax is projected to be
in the range of $20.5 million to $21.0 million, an increase of
approximately 74.3% over the prior year ($11.9 million).
The above results are not directly comparable to the prior corresponding period as the Group faced
multiple store closures across Australia and New Zealand due to lockdowns for much of the
first
three months of the prior year.
The balance sheet for the Group remains strong and stock levels continue to be well controlled.
A full announcement with six months financial statements including dividend declaration will be
released to the market on 31
March 2023.
Stuart Duncan
Group CEO
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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