Hallenstein Glasson 1H profit may rise 50% as it sells more full-priced products

Tue, 12 Dec 2017

By Tina Morrison Dec. 13 (BusinessDesk) - Hallenstein Glasson Holdings says trading so far this financial year suggests first-half profit may rise by more than 50 percent. Sales increased 16 percent in the first 19 weeks of the year compared with the year-earlier period, signalling net trading profit over the summer period through to Feb. 1, 2018, could be more than 50 percent ahead of the prior period, chief executive Mark Goddard and chair Warren Bell said in notes for delivery at the company's annual meeting today. "The sales perf...

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