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The Hour Glass (AGS) investor relations material
The Hour Glass H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 15% year-over-year to $1.34 billion, reflecting sustained topline momentum.
Profit after tax increased 32% to $179.5 million, driven by stronger sales and improved operational efficiency.
Performance exceeded previous years despite global economic turbulence and luxury sector contraction.
Financial highlights
Profit before taxation rose 34% to $234.5 million compared to the prior year.
Earnings per share climbed 33% to 27.79 cents.
Cash and bank balances reached $157.5 million.
Fair value gain on investment properties contributed $20.3 million to profit after tax.
Outlook and guidance
The Group expects to remain profitable in the next financial year.
Persistent global uncertainty and cautious consumer sentiment anticipated across markets.
The specialist watch sector is undergoing a structural reset, favoring resilient balance sheets and authentic partnerships.
- Revenue and profit fell, but profitability and interim dividend were maintained amid industry headwinds.AGS
H1 2025 - Revenue up 3%, profit after tax down 14%, with strong cash and lower borrowings.AGS
H2 2025 - Net profit surged 23% on 14% higher revenue, with stable margins and robust cash position.AGS
H1 2026
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