Hallenstein Glasson Holdings reports rise in sales

Hallenstein Glasson Holdings has reported a 7% rise in sales in the first four months of the financial year.

The company also says its profit is ahead of the same period last year.

Hallenstein's opened its first factory in Dunedin in the 1800s, and merged with Glassons in the 1980s.

At its annual meeting, the company told shareholders the result was a good start, but the success of the first half of the financial year hinged on December trade.

Shares stood at $5.09 this afternoon, up 0.2%.

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