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HNG’s Bold Move: Full Control of GUS and Trutex Deal Signal Growth Surge

1:20am on Monday 2nd of June, 2025 AEST Consumer Discretionary
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HNG’s Bold Move: Full Control of GUS and Trutex Deal Signal Growth Surge

1:20am on Monday 2nd of June, 2025 AEST
Key Points
  • HNG now owns 100% of Global Uniform Solutions after merging Mountcastle and Schoolblazer
  • Strong sales growth with Schoolblazer up 15% and Mountcastle up 8% in H1 FY25
  • Conditional acquisition agreement signed for UK-based Trutex Group to expand global reach
  • 1 cent fully franked dividend declared despite a statutory loss from unrealised investment losses
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