Hallenstein Glasson - FY24 Result — On Trend
Hallenstein Glassons (HLG) reported a strong FY24 result, which was in line with our expectations. Glassons Australia continues to grow as the...
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Hallenstein Glasson - Wearing It Well Upgrade to OUTPERFORM
Annual sales growth of +6%, including +14% in 2H24 versus 2H23, is an impressive feat on its own, but even more so against the current economic...
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Hallenstein Glasson - Threading the Needle
Despite the result having largely been signalled at its trading update in February, there were a few key new pieces of information.
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Hallenstein Glasson - Still in Style
With HLG trading on a two year PE near the middle of its ANZ retailer peer group, and at a small discount to its history, we view the risk/reward...
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Hallenstein Glasson - Back in Season — Upgrade to NEUTRAL
We upgrade Hallenstein Glasson (HLG) to NEUTRAL from UNDERPERFORM as HLG is trading in-line with our valuation after a recent derating in the share...
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