UPDATE: Hallenstein shares rise to year high after strong Christmas trading update

Mon, 19 Jan 2015

By Tina Morrison and Paul McBeth (Adds share price, comment throughout) Jan. 19 (BusinessDesk) - Shares of Hallenstein Glasson rose to a year high after the retail chain said it expects first-half earnings to rise by about a third after robust Christmas trading with positive growth continuing through January. Post-tax earnings may rise to between $8.1 million to $8.3 million in the six months ending Feb. 1, from $6.2 million a year earlier, the Auckland-based company said in a statement. The shares rose as high as $3.60, and were recen...

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