Harvey Norman bucks trend with sales growth

The Irish arm of Australian-owned retailer Harvey Norman has reported a 3.9% year-on-year increase in first-half sales.

While Ireland has long been a tough market for the company, with the local arm traditionally loss-making, it has been edging closer to profitability over the past couple of years.

In its last full-year figures — marking the 12 months to the end of last June — Harvey Norman Ireland recorded a loss of €22.3m, which represented a significant 9.1% annual narrowing of losses.