HVN 0.41% $4.84 harvey norman holdings limited

Ann: Presentation of Results for FY24, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,744 Posts.
    lightbulb Created with Sketch. 132
    Barrenjoey on Harvey Norman $HVN: "HVN’s FY24 result was slightly ahead of consensus estimates (~2% PBT and ~1% at NPAT after adding back a ~$22m one off tax impact in NZ). "Australian franchising sales were ~1% below consensus but PBT was ~3% ahead on better margins. The FY24 New Zealand sales/profit result was better than we had feared, but 1H25 has started very weak with sales down 9% in July, vs. cons 1H25 +1.7% growth and B*e ~flat. "The Australian business is also running below cons. expectations for 1H25 with July +3.5% vs. cons. +4.5%."
 
watchlist Created with Sketch. Add HVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.