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Harvey Norman to create 18 jobs as losses narrow

Retailer Harvey Norman has reported a loss of €22.3m on increased sales in the year to the end of June 2012.

The retailer which employs more than 770 people at 15 shops north and south of the border, reported a 6.3% increase in sales over the year.

Blaine Callard, Chief Executive of Harvey Norman Ireland said that the company will create 18 new jobs, 14 of which will be in a new furniture and bedding store in Blanchardstown in late Autumn.

The company reported double digit growth in sales of technology, furniture and bedding during the year.Losses were 9.1% lower then the €24.54m the Australian retailer lost last year.