Harvey Norman profits plunge worldwide, sales grow in Ireland

The retail chain Harvey Norman, which has 14 stores in Ireland, has posted a 6.5 per cent growth in sales in Ireland but a steep fall in profits worldwide.

13th August, 2012

The retail chain Harvey Norman, which has 14 stores in Ireland, has posted a 6.5 per cent growth in sales in Ireland but a steep fall in profits worldwide.

The company, which makes a loss in Ireland, released a statement ahead of a full audited sales and profit publication at the end of August.

Worldwide, Harvey Norman's full-year sales fell seven per cent to AUS$5.74 billion (€4.9 billion) and profits have fallen almost 40 per cent to...

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