Nick Scali Ltd (ASX:NCK)
A$ 13.28 0.05 (0.38%) Market Cap: 1.13 Bil Enterprise Value: 1.36 Bil PE Ratio: 12.88 PB Ratio: 5.60 GF Score: 92/100

Full Year 2019 Nick Scali Ltd Earnings Call Transcript

Aug 08, 2019 / 12:30AM GMT
Release Date Price: A$6.48 (+5.54%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Nick Scali Full Year '19 Results Teleconference. Presenting on the call today, we have CEO, Anthony Scali; and CFO, Chris Malley. (Operator Instructions)

Iâd now like to hand the conference over to your first speaker today, Chief Executive Officer, Anthony Scali. Thank you. Please go ahead.

Anthony J. Scali
Nick Scali Limited - MD & Executive Director

Good morning. Just running through our results presentation, key highlights, sales increased 7% to $268 million. The increase was assisted by full year of sales from 6 stores opened in financial year '18 and part contribution of a further 6 stores opened in financial year '19.

Gross margin increased by 20 basis points to 62.9%. NPAT, up 3% to $42.1 million. Operating cash flow increased 5% to $45.4 million. Final dividend of $0.20. Total dividend for the year, $0.45, up 12.5% on last year. Payout ratio of 86.5%. 6 new stores were opened during the year, 5 in Australia and our second store in New Zealand.

Looking

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot