The Directors of Harvey Norman Holdings Limited announce that the aggregated amount of sales from wholly-owned company-operated stores in New Zealand, Slovenia, Croatia, Ireland and Northern Ireland, majority-owned controlled company-operated stores in Singapore and Malaysia, and from independent Harvey Norman ®, Domayne ® and Joyce Mayne® branded franchised complexes (“Aggregated Sales”) totalled $3.93 billion for the six (6) months ended 31 December 2017. When compared to Aggregated Sales for the six (6) months ended 31 December 2016, the increase was 5.3%. Comparable Aggregated Sales for the six (6) months ended 31 December 2017 when compared to the six (6) months ended 31 December 2016, increased by 3.8%. Sales made by franchisees in Australia are not made by Harvey Norman Holdings Limited or controlled entities.
Aggregated Sales have been positively affected by a 3.7% appreciation in the Euro (€), and negatively affected by a 3.7% devaluation in the New Zealand dollar ($NZD), a 0.2% devaluation in the UK Pound (£GBP), a 1.5% devaluation in the Singaporean dollar ($SGD) and a 3.9% devaluation in the Malaysian Ringgit (RM) for the six (6) months ended 31 December 2017 compared to the six (6) months ended 31 December 2016.
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