Hallenstein Glasson Holdings Limited (NZX: HLG) releases Annual Report

Chairman’s Report

The Company advises that Group sales for the 12 months to 1 August 2020 were $287.76 million which were +0.1% up on the prior year ($287.55 million). The audited net profit after tax for the 12 months was $27.77 million, a decrease of 4.29% on the prior corresponding period ($29.02 million). Overall sales were maintained in an extremely challenging environment, predominantly due to the increased level of online sales from April 2020 onwards. 

During the last six months stores in both New Zealand and Australia were closed on 26 March with New Zealand stores opening on 14 May and Australian stores opening during May. The web shops in New Zealand for both brands were closed from 26 March 2020 but did reopen to sell essential products from 4 April and then all product from 27 April.

See the link below for more details:

HLG Annual Report for the year ended 1 August 2020

Source: Hallenstein Glasson Holdings Limited 

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report