Australia's Michael Hill rises on preliminary annual results

Michael Hill International

31/07/2026 04:43

** Shares of Australia's Michael Hill International MHJ.AX rise as much as 7.5% to A$0.360, marking their biggest intraday pct gain since July 2
** Jewellery retailer posts preliminary FY26 group sales of A$654.7 million ($459.60 million), up 2% from A$641.6 million in FY2025
** Posts FY26 group comparable EBIT between A$22 million and A$24 million ($15.44 mln and $16.85 mln), up 44% to 57% from A$15.3 million last year
** Nearly 466,712 shares change hands, about 5.7x the 30-day average 
** Stock up 1.5% YTD, including session's move 


($1 = 1.4245 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com))