Harvey Norman Holds Its Own
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No financial results yet for the year ended 30 June 2005, but Harvey Norman’s has announced sales for the full financial year.

The result, though not quite as stellar as JB HiFi’s 30 odd per cent overall, certainly compares to its like-for-like result of 4.7 per cent.
Rolling up all the “Harvey Norman” stores, commercial divisions and other sales outlets in Australia, New Zealand, Slovenia and Ireland (excluding Singapore) total sales for the company equalled $4.06 billion for the year ended 30 June 2005.
This, compared to $3.67 billion for the year prior, represents an increase of 10.6 per cent.
Like-for-like sales which doesn’t count new store openings increased by 5.3 per cent in 2005 over the 2004 result.
During the financial year, eleven new stores were opened in Australia and New Zealand.