
$628 million: Michael Hill’s sales rose once more in 2017.
$628 million: Michael Hill’s sales rose once more in 2017.
Despite a slowdown in sales in the second half, Michael Hill International has produced another solid full-year financial report.
Comparing year over year, the company saw a 6% gain in revenue, which is particularly amazing considering that Michaell Hill broke records for both sales and margin the year before.
Total sales dropped by 0.8% in the second half. Overall, digital sales fell by 1.4%; however, they rose by 12.3% in the second half.
The company recorded $AU628.1 million in group sales overall. Daniel Bracken, CEO of Michael Hill, vowed that better is yet to come.
“Despite the difficult economic circumstances facing the world, I am happy with the delivery of