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

Half Year 2021 Nick Scali Ltd Earnings Call Transcript

Feb 03, 2021 / 11:30PM GMT
Release Date Price: A$10.6 (-0.47%)
Operator

Thank you for standing by, and welcome to the Nick Scali Limited Half Year H1 '21 Results Announcement. (Operator Instructions) I'd now like to hand the conference over to Mr. Anthony Scali, Managing Director. Please go ahead.

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

Good morning. We are now going to present to you the half year '21 results on Page -- starting with Page 1 on the document as lodged on the ASX. The first half highlights, written sales orders and revenue at record levels with 58% growth in like-for-like sales orders and 24% sales revenue growth.

Sales orders were totaling $191.1 million, with sales revenue at $171 million. The gross profit margin improved by 180 basis points due to reduced discounting. Operating leverage saw sales growth lift net profit after tax by 100%. Increase in profitability led to improved cash flows due to the negative working capital model. 34 -- $32.4 million to be paid to shareholders through a $0.40 interim dividend. Two new stores successfully opened during the half, bringing the

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