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HLG - Hallenstein Glassons Holdings

Started by winner (n), Oct 03, 2022, 01:26 PM

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Basil

Quote from: winner (n) on Today at 06:05 PMPretty solid update from UNI in OZ bodes well for HLG continued growth

RBA put rates up to 4.35% today .....judt as well most Glassons customers don't have mortgages

Well spotted mate.  "The Group's YTD performance is very pleasing given current geopolitical and
economic uncertainties.   Despite these macro-economic conditions, we have not
seen a material shift in sales trends across the Group in this period."

Briscoes sales update the other day was also pretty solid.  Maybe its just old buggers like us that worry about geopolitical events and the young ones are still out and about spending and peacocking around like they always have been.   Certainly retail in N.Z. has been extremely tough for more than 6 years now since Covid hit and yet HLG sales have grown very nicely indeed over the years.