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Hallenstein Glasson Ltd Trading update and profit forecast

28/08/2025, 08:30 NZST, MKTUPDTE

28 August 2025 HALLENSTEIN GLASSON HOLDINGS LIMITED TRADING UPDATE FOR THE FULL YEAR ENDED 1 AUGUST 2025 The Company advises that Group sales for the 12 months ended 1 August 2025 were $470 million, an increase of +8.1% on the prior year ($435 million), while gross margin % was consistent with the prior year. Group net profit before tax is expected to be within the range of $57.5 million to $58.5 million (prior year $52.1 million), an increase of approximately +11.4%. The balance sheet for the Group remains strong with record cash reserves and well-maintained stock levels. A full announcement with financial statements including a dividend declaration will be released to the market on 26 September 2025. Warren Bell Chairman