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TRADING UPDATE FOR THE SEASON TO 30TH NOVEMBER 2017

1/12/2017, 08:53 NZDT, MKTUPDTE

HALLENSTEIN GLASSON HOLDINGS LIMITED TRADING UPDATE FOR THE SEASON TO 30TH NOVEMBER 2017 The company advises that the Group has been trading strongly for the first 17 weeks of the new financial year with sales from 2 August 2017 to 30 November 2017, 15% ahead of the same period last year. These sales have been achieved on an improved gross margin. This is a positive start to the summer season, however December and January months are the peak trading periods and significant contributors to the full season result. It is therefore difficult at this stage to predict the full summer season profit although based on current performance it will comfortably exceed the prior corresponding period. We will however provide a further trading update at the Company's Annual General Meeting on 13 December 2017. Mark Goddard Group CEO End CA:00311265 For:HLG Type:MKTUPDTE Time:2017-12-01 08:53:57