Harvey Norman Holdings Ltd - Premium Company Report Australia

30-06-2012, 65 pages

Harvey Norman Holdings Ltd is a Public Company that is ranked number 139 out of the top 2000 companies in Australia. The company generates the majority of its income from the Furniture Retailing in Australia industry.

In 2012 the company generated total revenue of $2,468,575,000 including sales and other revenue. In 2012 Harvey Norman Holdings Ltd had 4937 employees in Australia including employees from all subsidiaries under the company's control.

The Chief Executive of Harvey Norman Holdings Ltd is Ms Kay Page whose official title is Chief Executive Officer. The Chairman of Harvey Norman Holdings Ltd is Mr Gerry Harvey whose official title is Executive Chairman.

Harvey Norman Holdings Ltd operates through the following segments:

Franchising Operations

Revenue from this stream includes franchise fees paid by franchisees, interest on franchise loans and revenues generated from the provision of advertising and advisory services.

Retail Businesses

The company operates Harvey Norman and other branded discount department stores in Australia, New Zealand, Singapore, Malaysia, Slovenia and Ireland. This segment excludes revenue made by franchisees. Harvey Norman is Australia's largest retailer of computer hardware and software products, and also retails electrical goods, furniture, carpet and flooring, bedding and manchester, small appliances, lighting, home improvements and bathroom hardware.

Property

The company holds a portfolio of property investments which attract rental income from franchisees and third parties. This unit includes vacant land held by the company for future development.

Other Businesses

The financial services division provides credit services to customers, franchisees and third parties. The company also generates revenue trading in listed securities.

Harvey Norman operates and acts as a franchisor for Harvey Norman, Norman Ross, Domayne and Joyce Mayne branded stores.

IBISWorld Premium Company Reports

The IBISWorld Company Premium Report offers a wealth of information on the top 550 companies. The detailed information and analysis in the Premium Report help you become better informed on all company activities. IBISWorld Company Premium Reports include: