Hallenstein Glassons Holdings will focus on trying to increase profits by at least 50 percent this year. To achieve this, the company will try to push it’s online sales.

Mark Goddard, the chief executive of the Hallenstein Glassons Holdings group told shareholders in Christchurch that the results from this financial year to date have been very positive. This was announced as part of their annual meeting.

The company’s profit was $17.3 million NZ dollars which is an increase from $13.7 million New Zealand dollars the previous year.

Mark Goddard has correlated the great performance with the quality of the group that work for Hallenstein Glassons Holdings. Much of the success is attributed to the people that work in their retail stores, offices and warehouses.

To try to achieve a big growth in sales, rather than increase store numbers, the company will focus it’s attention on trying to boost it’s online sales where quick gains can be achieved. Sales can be increased and achieved with a Hallensteins coupon or Glassons coupon.

While online is seen as a priority for the financial year, focus will not be lost on the core bricks and mortar physical store business. The online business grew a huge 44 percent in the previous financial year and this has accounted for 9 percent of the total sales of the group.