Hallenstein Glasson (HLG) H2 2025 earnings summary

Executive summary

• Group sales for the year ended 1 August 2025 reached $470.7 million, up 8.1% year-over-year.

• Net profit after tax rose 14.4% to $39.5 million compared to the prior year.

• Strong balance sheet and working capital position maintained.

Financial highlights

• Gross margin held steady at 59.3% versus 59.4% last year, despite FX headwinds.

• Net profit before tax increased 12.1% to $58.4 million year-over-year.

• Full year dividend declared at 55.0 cents per share, up from the prior year.

Outlook and guidance

• First seven weeks of FY2026 saw Group sales up 12.9% year-over-year, led by Australia.

• New Zealand trading remains mixed due to ongoing cost-of-living pressures.

• Further trading update expected at the December 2025 Annual Meeting.