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Trading Update and Profit Forecast

Guidance27 February 2025HLGConsumer Discretionary

28 February 2025 
 

Hallenstein Glasson Holdings Limited 

Trading Update and Profit Forecast  

The Company advises that unaudited total Group sales for the six‐month period ended 1 February 

2025 were $240.0 million, an increase of 7.7% on the prior corresponding period ($223.0 million). 

Gross margin of 58.4% was 50 basis 

points lower on the prior corresponding period due to the 

challenging New Zealand retail environment. 

Group unaudited net profit after tax (NPAT) is expected to be in the range of $21.0 million to $21.3 

million, which is in‐line with the prior year record result ($21.1 million).  

The balance sheet for

 the Group remains strong with significant cash reserves and stock levels 

continue to be well controlled. 

A full announcement with six months’ financial statements including a dividend declaration will be 

released to the market on 28 March 2025.  

 

 

Chris Kinraid 

Group CEO

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