Presentation of Results FY26

Key points

• FY26 system sales up 3.1% to $9.64 billion
• Reported profit before tax up 4.9% to $790.29 million
• Strong balance sheet with net assets at $4.94 billion
• International expansion with new stores in Malaysia, Singapore, and UK
• Property segment profit up 3.7% to $333.49 million

Full summary

Harvey Norman Holdings Ltd announced its FY26 results, highlighting a 3.1% increase in system sales to $9.64 billion. The reported profit before tax rose by 4.9% to $790.29 million. The company's balance sheet remained strong with net assets at $4.94 billion. International expansion included new stores in Malaysia, Singapore, and the UK. The property segment saw a 3.7% increase in profit to $333.49 million.

Guidance

FY26 system sales up 3.1%, profit before tax up 4.9%

Outlook

Continued international expansion and focus on technology and digital transformation are expected to drive future growth.