Originally Posted by
Greekwatchdog
Looks like positive trading update.
29 December 2021
Michael Hill International Limited (ASX/NZX: MHJ) today provides an update following the key Christmas trading period
and an early indication of performance for the half year ended 26 December 2021.
Having successfully navigated extended periods of closures from July to November across Australia and New Zealand,
the Company was delighted to have all stores open globally for the critical Christmas trading period. Even with the
uncertain trading conditions stemming from the Delta and more recent Omicron COVID variant, Michael Hill delivered
both sales growth and sustained margin expansion throughout November and December. Following this strong
performance, the Company now believes it will deliver a first half year result well above the prior year FY21H1
comparable EBIT result of $44.6m1
.
Release Dates
The Company anticipates it will release the usual market announcements as set out below:
Announcement Release Date
FY22 Second Quarter Trading Update Friday 14 January 2022
FY22H1 Financial Results Wednesday 23 February 2022