HARVEY Norman co-founder and chairman Gerry Harvey says the consumer-electronics retailer would not have had such strong sales if not for the ongoing technology boom.
Harvey Norman yesterday reported a 12.5 per cent rise in sales to $3.41 billion for the nine months ending March 31, 2006.That compares to $3.03 billion in the previous corresponding period.
The sales figure includes sales from the franchised Harvey Norman stores, commercial divisions and other sales outlets in Australia, New Zealand, Slovenia and Ireland, but not Singapore and Rebel Sport sales.
Mr Harvey said the strong sales results were heavily influenced by the boom in consumer electronics items including cameras, computers and LCD as well as plasma televisions, among others.
“We wouldn’t have these results if it wasn’t for the technology boom,” Mr Harvey said. “We’re the biggest player in that boom, so it’s very significant.” With no sign of the technology boom abating, he said, success depended on where the retailer would focus.
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