Second-half sales edge down for Michael Hill

Michael Hill's chief executive Daniel Bracken said he was pleased with the full-year sales growth. (Image: Michael Hill)

Staff reporters

Thu, 20 Jul 2023

Group sales edged down for Michael Hill International Limited in the second half of its 2023 financial year, but its acquisition of Australian jewellery and watch retailer Bevilles has been “smooth”.In a trading update on Thursday, the dual-listed jeweller said earnings before interest and taxes (Ebit) for its full-year results for the 53 weeks ended June 26 will be between A$56 million (NZ$60.5m) and A$59m.Group sales are up 6% from the 2022 financial period but second-half sales are down 0.8% from the previous second hal...

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