Nick Scali Limited (AU:NCK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into AU:NCK stock, check out TipRanks’ Stock Analysis page.