Harvey Norman Holdings Ltd (ASX:HVN)

ALERT: Price-sensitive ASX Announcement for HVN

Current share price for HVN : $4.810 -1.52 (-24.01%)⁺

Announcement

Presentation of Results 1H26

Release

27 Feb 2026 9:07AM

Price at Release

$6.330

Full Release

Summary

Harvey Norman Holdings Ltd's financial results for the first half of the 2026 financial year show significant growth across various segments. The company's reported Profit Before Tax (PBT) increased by 16.5% from the previous year, bolstered by strong performances in Australian franchising, overseas retail operations, and stable income from its property portfolio. The total system sales revenue rose by 6.9%, with Australian franchisee sales increasing by 4.8% and overseas retail sales by 11.6%. The property segment also reported a PBT increase of 7.8%, supported by net revaluation increments and rental growth. The balance sheet remains strong, with total assets growing to $8.77 billion, and the company maintaining a low net debt-to-equity ratio. Investments in new stores and digital transformation continue to be a focus, with expansions planned in various regions including the UK and Malaysia.

Key Points

Profit Before Tax increased by 16.5% reaching $466.31 million compared to 1H25.
Total system sales revenue grew by 6.9% to $5.16 billion.
Australian franchisee sales rose by 4.8% to $3.50 billion.
Overseas retail sales increased by 11.6% to $1.66 billion.
Property segment PBT increased by 7.8% due to revaluation increments and rental growth.
Total assets increased to $8.77 billion as of December 31, 2025.
Net debt-to-equity ratio remains low at 13.02%.
Continued investment in new stores and digital transformation, with expansions in UK and Malaysia.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.