Nick Scali Limited · ASX:NCK
Nick Scali — H1 FY2008 Earnings Presentation
6 slides from Nick Scali's earnings presentation, Feb 15, 2008
Slide 1: Half Year Ended 31 December 2007 - ASX announcement cover letter
Nick Scali Limited ABN 82 000 403 896 Head Office 3-9 Birnie Avenue Lidcombe NSW 2141 For personal use only Phone: (02) 9748 4000 Facsimile: (02) 9748 4022 14 February 2008 Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 200 By electronic lodgement Nick Sca
Slide 2: Results Presentation: Six months ended 31 December 2007 (1H08)
For personal use only Results Presentation Six months ended 31 December 2007 (1H08)
Slide 3: Key points
Key points For personal use only • Sales increased 17.1% to $43.5m from $37.1m − Primary driver was full period contribution from stores opened in 1H07 Sales (Nunawading, Essendon, Belrose) − Same store sales growth was 1.0% − 2Qtr sales were adversely impacted by external factors • New stores opene
Slide 4: Earnings Summary
Earnings Summary For personal use only Y/End 30 Jun ($m) 1H07 2H07 FY07 1H08 Change Sales revenue 37.1 40.1 77.2 43.5 17.1% NPAT result of $4.6m was Cost of sales (15.0) (16.3) (31.4) (17.6) marginally ahead of pcp Gross profit 22.1 23.8 45.8 25.8 Other income 0.1 0.2 0.3 0.1 Second quarter orders a
Slide 5: 1H08 operational overview
1H08 operational overview For personal use only NSW • Negative 0.9% same store sales (including -2.2% in metro Sydney) • 5.0% same store sales growth QLD • Bundall store opened on Gold Coast (Aug 2007) • 5.2% same store sales growth SA • Marion store opened (Nov 2007) VIC • Nunawading (opened Oct 20
Slide 6: Outlook
Outlook For personal use only • The current unpredictable economic environment provides for uncertain trading conditions for the remainder of FY08. As a result and given the continued weakness in the NSW market, we believe our full year result will be in line with last year. • Having expanded our pr