Full Year 2021 Adairs Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Adairs Limited FY '21 Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Mark Ronan, Managing Director and CEO. Please go ahead.
Good morning, everyone, and welcome to the Adairs 2021 financial year results call. Joining me this morning on the call is Ash Gardner, our CFO; and Jamie Adamson, our Head of Investor Relations.
The 2021 financial year has been an exceptional year for the group. The results achieved by Adairs and Mocka continue to highlight the strength of our brands, the hard work of our teams and our culture that sees us look to delight customers every day, providing us with the ability to adapt to the ongoing challenges from COVID-19.
The group achieved exceptional sales and profitability growth across both Adairs and Mocka. Group sales were up 28.5% to nearly $500 million, with online sales representing more than 37% of total sales, driven by great results across both Adairs and
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