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Harvey Norman Holdings Ltd ( (AU:HVN) ) just unveiled an announcement.
Harvey Norman Holdings Limited reported a significant increase in profitability for the fiscal year ending June 2025, with a 39% rise in profit before tax to $753.10 million. The company’s diversified business model and strategic global expansion contributed to this growth, with strong performance across its franchising operations, property segment, and overseas retail. The company also saw a notable increase in its property portfolio value and maintained a strong financial position with a low net debt to equity ratio, positioning it well for future growth.
The most recent analyst rating on (AU:HVN) stock is a Sell with a A$4.80 price target. To see the full list of analyst forecasts on Harvey Norman Holdings Ltd stock, see the AU:HVN Stock Forecast page.
More about Harvey Norman Holdings Ltd
Harvey Norman Holdings Limited operates in the retail industry, focusing on integrated retail, franchise, property, and digital operations. The company is known for its franchisee sales in Australia under brands like Harvey Norman, Domayne, and Joyce Mayne, and has a strong presence in overseas markets including Ireland, Asia, and a recent expansion into the UK.
Average Trading Volume: 1,364,607
Technical Sentiment Signal: Buy
Current Market Cap: A$7.69B
See more data about HVN stock on TipRanks’ Stock Analysis page.