Nick Scali Limited · ASX:NCK
Nick Scali — FY2015 Earnings Presentation
8 slides from Nick Scali's earnings presentation, Aug 11, 2015
Slide 1: Results Presentation – Y/E 30 June 2015 (FY15)
Nick Scali Limited (NCK) Results Presentation – Y/E 30 June 2015 (FY15) 11th August 2015 For personal use only
Slide 2: Key Points
Key Points – H1-15 For personal use only Sales Sales increased 10% to $155.7m (FY14: $141.4m) Profit NPAT increased 20% to $17.1m (FY14: $14.2m) • Final dividend of 8.0 cents per share (FY14: 7.0 cps) Dividend • Total dividend for the year of 15.0 cps (FY14: 13.0 cps) • Payout ratio of 71% (FY14: 74
Slide 3: Earnings Summary
Earnings Summary – 1H FY14 For personal use only Sales increase of 10.1% from comparable store growth of +3.4%, some FY15 FY14 Change contribution from 7 new stores opened in the latter part of FY15 and a Year Ended 30 June consistent investment in marketing $m $m % Sales Revenue 155.7 141.4 + 10%
Slide 4: Balance Sheet
Balance Sheet – 1H FY14 For personal use only Jun 15 Jun 14 Strong cash position maintained Year Ended 30 June $m $m Inventory up $5.2m due to expected sales growth, 7 additional stores in FY15 Cash and term deposit 33.7 35.9 plus a new warehouse in WA and the decrease in the AUD Payables have
Slide 5: Cash Flow
Cash Flow – 1H FY14 For personal use only Operating Cash Flow in the prior comparative period included a one-off FY15 FY14 compensation payment received in relation to government land resumption Year Ended 30 June $M $M Operating Cash Flow increased year on year by 10% when excluding the one Rec
Slide 6: Store Network
Store Network For personal use only Nick Scali Furniture 7 stores were opened during the period bringing the total stores at fiscal year end to 41 2 new stores opened during H1-15 at Rutherford (NSW) and Cairns (QLD) both in late December 2014 in time for end of season sale The brand was launc
Slide 7: Outlook
Outlook – FY14 For personal use only • The new financial year started in line with expectations with good trading conditions in July • The Company expects continued sales growth into FY16 from the full 12 month impact of opening 7 new stores during FY15 together with the rollout of 2 new stores in H
Slide 8: For personal use only
For personal use only • Nick Scali Limited (the “Company”) advises that the information in this presentation contains general background information about the Company’s activities as at the date of the presentation. It is information given in summary form and is based on information available to the