Trading Update and Profit Forecast
MKTUPDTE
Thu, Feb 22 2024 08:39 am
22 February 2024
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 2024 were $223.0 million, compared to $223.3 million in the prior corresponding period.
Group unaudited net profit after tax (NPAT) is projected to be in the range of $21.0 million to $21.5 million, an increase of approximately 2% over the prior year ($20.8 million).
The balance sheet for the Group remains strong and stock levels continue to be well controlled contributing to improved gross margin for the half.
A full announcement with six months financial statements including dividend declaration will be released to the market on 28 March 2024.
Chris Kinraid
Group CEO
Announcement PDF
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