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How Did Michael Hill Achieve Up to 24% EBIT Growth in FY26H1?

9:26am on Tuesday 27th of January, 2026 AEDT Retail
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How Did Michael Hill Achieve Up to 24% EBIT Growth in FY26H1?

9:26am on Tuesday 27th of January, 2026 AEDT
Key Points
  • Comparable EBIT expected between $27m and $30m, up 12-24% year-on-year
  • Group sales increased 3.1% to $370.3m, with same store sales up 3.8%
  • Inventory reduced by $11m to $203m, enhancing working capital efficiency
  • Debt facility refinanced with better terms, net cash position improved by $30m
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