Retail giant Harvey Norman today posted a record profit for the 2021 Financial Year:
Profit before tax climbed 78.8 per cent to a record $1.18 billion, with its Australian franchising operations segment delivering a record result of $628.2 million, up 80.2 per cent. EBITDA climbed 54.2 per cent to $1.45 billion and EBIT rose 71 per cent to $1.2 billion…
“The solid results delivered in the 2021 financial year is a testament to the strength and resilience of the integrated retail, franchise, property and digital strategy, and its ability to adapt and transition to the challenging retail landscape and continue to navigate the uncertainties presented by COVID-19,” said chairman Gerry Harvey.
