NZ's Hallenstein Glasson rises on strong half-year earnings

Hallenstein Glasson Holdings

27/03/2026 24:16

** Shares of New Zealand's Hallenstein Glasson HLG.NZ rise as much as 1.9% to NZ$9.83, their highest level since mid-March

** Stock set for its fourth consecutive session of gains, if the current trend holds

** Clothing retailer posts HY net profit after tax of NZ$28 million ($16.12 million), up 32.1% from last year

** Logs HY group sales of NZ$275.2 million, up 14.6% from last year

** Declares interim dividend of 29 NZ cents/share, up from 24.5 NZ cents/share last year

** Stock up 6.2% so far this week, set for its best week in nearly four months

** Stock broadly flat YTD

($1 = 1.7367 New Zealand dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))