SALES FOR THE SIX MONTHS ENDED 31 DECEMBER 2006 UP 16.7% The Directors of Harvey Norman Holdings Limited are pleased to announce that sales from the franchised “Harvey Norman” stores, commercial divisions and other sales outlets in Australia, New Zealand, Slovenia and Ireland (excluding Singapore and Rebel Sport Ltd) totalled $2.71 billion for the six (6) months ended 31 December 2006. When compared to sales for the period 1 July 2005 to 31 December 2005, the increase was 16.7%. Like for like sales for the six (6) months ended 31 December 2006, when compared to the same period ending 31 December 2005, increased by 7.1%. During the months of November and December 2006, fourteen small format stores were acquired from Retravision (NSW) Ltd. Six (6) stores were re-branded “Harvey Norman” and eight (8) stores were re-branded “Joyce Mayne”.
HVN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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