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Trading Update and Profit Forecast

21/02/2024, 19:39 Coordinated Universal Time, MKTUPDTE

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 End CA:00426618 For:HLG Type:MKTUPDTE Time:2024-02-22 08:39:50