Michael Hill International

Unresolved tax still affecting jeweller

Tax issues continue to haunt the balance sheet of listed jeweller Michael Hill International and the group has paid substantially more tax in the six months ended December than it did in the previous corresponding period (pcp).

Michael Hill success poses stake question

The success of Michael Hill International's jewellery outlets over the past decade poses the question of whether 52.9% shareholder Sir Michael Hill will want to further increase his stake.

Dismay at MHI result

Investors were disappointed with a profitable half-year result posted by jeweller Michael Hill International yesterday, as its bottom line failed to reflect the almost 40% share-price gain achieved during the past year.

Jeweller's profit drops in Australia

Jeweller's profit drops in Australia

Listed jeweller Michael Hill International has suffered challenging trading conditions in its largest market, Australia.

MHI profit up 28% on previous year

MHI profit up 28% on previous year

Michael Hill International has reported a sparkling profit for the 12 months ended June with operating revenue, same store sales and operating profit all well up on the previous corresponding period (pcp).

New Michael Hill sales figures spur share upgrade

Michael Hill International shares were upgraded yesterday by Forsyth Barr from hold to accumulate after the release of the jewellery retailer's nine-month sales figures.

Hill profit up 7% in first half

Hill profit up 7% in first half

Jeweller Michael Hill International has delivered a 7% after-tax increase in profit to $23.8 million for six months, with improved sales across all its 237 outlets in New Zealand, Australia, Canada, and the scaled-back, underperforming United States operation.

Michael Hill meets forecasts

Michael Hill International pleased the market yesterday when its six-month trading update and profit guidance met forecasts.

Strong first quarter for Michael Hill

Listed jeweller Michael Hill International is off to a good start for the financial year, with total sales up in all its markets.

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