Harvey Norman FY25 Results: Franchising Operations Revenue Up 7.4%, PBT Jumps 25.9%, Total System Sales Reach $9.35bn

Reuters
2025/08/29
<a href="https://laohu8.com/S/HNORF">Harvey Norman</a> FY25 Results: Franchising Operations Revenue Up 7.4%, PBT Jumps 25.9%, Total System Sales Reach $9.35bn

Harvey Norman Holdings Ltd. has announced its financial results for the fiscal year ending June 30, 2025. The company reported a consolidated revenue of $4.47 billion, with sales of products to customers amounting to $2.92 billion and revenues received from franchisees totaling $1.16 billion. The aggregated headline franchisee sales revenue reached $6.43 billion, marking a 6.1% increase from the previous year's $6.06 billion. The franchising operations segment revenue increased by 7.4% to $1.043 billion, while the segment's profit before tax $(PBT)$ rose by 25.9% to $344.39 million. The franchising operations margin improved from 4.52% to 5.36%. The company's reported profit before tax (PBT) was $753.10 million, representing a significant increase of $211.42 million or 39.0% compared to the previous fiscal year. Excluding the AASB 16 net impact and net property revaluations, the PBT was $590.36 million, up $50.29 million or 9.3% from the prior year. The reported profit after tax and non-controlling interests amounted to $518.02 million, an increase of $165.56 million or 47.0% from the previous year. Harvey Norman's total system sales revenue, consisting of overseas company-operated sales and aggregated franchisee sales in Australia, reached $9.35 billion, reflecting a $487.91 million increase from the previous year. The company's net assets rose to $4.84 billion, with a cash conversion rate of 95.1%. Operating cash flows were reported at $694.30 million, showing an increase of $7.77 million from the previous fiscal year. The outlook for Harvey Norman Holdings Ltd. was not specified in the results announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harvey Norman Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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