New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Hallenstein Glassons Holdings / Equity Bottom-Up

<ul><li>Hallenstein Glasson's (HLG) FY23 result is unlikely to surprise, with revenue and earnings largely pre-released.</li><li>We anticipate NPAT of NZ$32.0m, versus a narrow guidance range of NZ$31.8m to NZ$32.3m.</li><li>The key focus will be on any outlook comments for HLG given the retail sector continues to face a challenging macro-economic backdrop. </li></ul>

Hallenstein Glasson's (HLG) FY23 result is unlikely to surprise, with revenue and earnings largely pre-released.We anticipate NPAT of NZ$32.0m, versus a narrow guidance range of NZ$31.8m to NZ$32.3m.The key focus will be on any outlook comments for HLG given the retail sector continues to face a challenging macro-economic backdrop. 

Hallenstein Glasson - FY23 Preview — What's in Store