Trading Update and Profit Forecast
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
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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