Hallenstein Glasson Holdings Limited reported sales results for the six months ended February 1, 2016. For the period, the company's sales were $112.4 million an increase of 1.3% over the prior corresponding period sales of $110.8 million. Gross margin for the period is almost 4 percentage points below the same period last year due to the lower exchange rate and also to competitive influences.

For the six months ended February 1, 2016, the group expects net profit after tax to be in the range $6.6 million to 6.9 million, a decrease of 20% over net profit of $8.638 million reported last year.