Key points
- Total system sales revenue increased by 3.1% to $9.64 billion
- Profit before tax increased by 10.9% to $654.69 million
- Strong growth in international operations and property segment
- Recommended fully-franked final dividend of 13.0 cents per share
Full summary
Harvey Norman Holdings Limited released its FY26 results, reporting a 3.1% increase in system sales revenue to $9.64 billion. Profit before tax increased by 10.9% to $654.69 million, reflecting growth across all segments. The franchising operations segment saw a 4.3% increase in revenue and a 5.24% margin. The overseas company-operated retail segment delivered a 23.4% increase in profit before tax, while the property segment increased by 3.7%. Total assets grew to $8.85 billion, and net assets to $4.94 billion. The company recommended a fully-franked final dividend of 13.0 cents per share.
Guidance
FY26 total system sales revenue $9.64 billion, profit before tax $654.69 million
Outlook
Harvey Norman remains optimistic about future growth, driven by continued international expansion and strong performance in the property segment.