Page 21 - Daniel Bracken News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Michael Hill says its first-half pre-tax profit could be almost double last year’s level. Jeweller Michael Hill said its first-half profit lifted significantly, prompting it to bring forward the payment of a A$5.8 million (NZ$6.1 million) dividend it suspended last year due to Covid-19. Michael Hill said it will post a pre-tax profit of between A$56m and A$60m for the first half of its financial year to December 27, 2020. At the higher end of the range, that’s almost double the A$31.6m it reported in the same period a year earlier. The profit was helped by A$15m of wage subsidies from t...

Leading questions: Michael Hill boss Daniel Bracken on 2021's big challenges 1 Jan, 2021 07:00 PM 4 minutes to read Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw Daniel Bracken is chief executive of jewellery retailer Michael Hill, which operates in New Zealand, Australia and Canada. How would you describe 2020 for your business? I'd describe 2020 as an incredible year, with so many challenges, but also one that highlighted a team and business at Michael Hill that showed courage, resilience and that we care for our pe...