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Harvey Norman says sales 'stable'

Irish sales - Tough six months, says Harvey Norman
Irish sales - Tough six months, says Harvey Norman

Australian retailer Harvey Norman says sales at its stores in the Republic of Ireland in the six months to the end of December were down 2.6% compared with a year earlier. Sales in its Northern Ireland stores were up 4.2%.

The company's Irish chief executive Blaine Callard described the fall in Republic of Ireland sales as 'a reasonably stable result'. He said that during the period, there was a severe double dip in consumer confidence, referring to the EU/IMF bail-out, a tough Budget and severe weather in December.

Harvey Norman said two of its four Irish divisions - computers and furniture - actually recorded rises in revenue during the six months.

Last year, the company's chief executive Gerry Harvey described the situation of its Irish stores as 'terrible'.