New Zealand's Hallenstein Glasson jumps on higher sales, upbeat forecast

Hallenstein Glasson Holdings

05/09/2024 24:29

** Shares of New Zealand's Hallenstein Glasson  HLG.NZ  rise
as much as 2.2% to NZ$6.10, their highest since April 11
    ** Stock posts its biggest intraday percentage gain since
July 31
    ** Clothing retailer reports full year sales of NZ$435.6 mln
 ($269.94 mln), up 6.3% from last year
    ** Sees full year net profit after tax within the range of
NZ$34 mln to NZ$34.75 mln, compared with NZ$32 mln a year ago
    ** Stock up 17.3% YTD, including session's move

($1 = 1.6137 New Zealand dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))