Nick Scali Financials Dip But ANZ Sales Rise

Nick Scali Limited (AU:NCK) has released an update.

Nick Scali Limited reported a decrease in FY24 revenue by 7.8% to $468.2 million and a drop in net profit after tax by 20.3% to $80.6 million, compared to the previous fiscal year. Despite the lower overall figures, the company saw a 2.4% increase in ANZ written sales orders and completed the acquisition of UK-based Fabb Furniture in May. The company announced a final dividend of 33 cents per share, reflecting a decrease from the previous year.

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