Thursday, February 28 16:12:31
Harvey Norman Ireland has reported that like-for-like sales in the half year to the end of December last increased by 8.7pc with total sales also growing by 3.9pc.
The Australian chain has 13 stores in the Republic, employing more than 700 staff.
Blaine Callard, Chief Executive of Harvey Norman Ireland said conditions remain tough.
"Like for like sales in our Irish stores continue to grow which is very encouraging. Increased market share is the primary driver of this growth, quite simply more people are choosing to shop with us, the pie is not growing we are just getting a larger share. Slowly we are seeing some very early signs of a recovery in consumer confidence, more people are researching and looking at larger items than a year ago."
The results from Harvey Norman Holdings Limited, issued in Australia, also notes that for Ireland there has been a "solid period of improvement and we expect this to continue in the year ahead. Our Customer First strategy has us in a strong position with Irish consumers and we have positive expectation of ongoing improvement in the Ireland results".