Nick Scali Limited Reports Audited Earnings Results for the Year Ended June 30, 2016
August 10, 2016 at 06:28 pm EDT
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Nick Scali Limited reported audited earnings results for the year ended June 30, 2016. For the year, the company reported Revenue from sale of goods of AUD 203,045,000 against AUD 155,743,000 a year ago. Profit before income tax expense was AUD 37,452,000 against AUD 24,422,000 a year ago. Profit after income tax expense for the year attributable to the owners of the company was AUD 26,150,000 against AUD 17,077,000 a year ago. Diluted earnings per share was 32.3 cents against 21.1 cents a year ago. Earnings Before Interest and Tax (EBIT) was AUD 37,076,000 against AUD 23,787,000 a year ago. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) was AUD 40,171,000 against AUD 25,892,000 a year ago.
Nick Scali Limited is a furniture retailer operating in Australia and New Zealand. The Company is engaged in the sourcing and retailing of household furniture and related accessories. Its sofas and armchairs collection include recliner sofa collections, leather sofa collections, fabric sofa collections, occasional armchairs, and others. Its living room collections include TV and entertainment units, coffee tables, side tables, console and hallway tables, and others. Its dining room collections include dining tables, dining chairs, and buffet tables and sideboards. Its bedroom collections include mattresses, bedframes, bedside tables, and dressers, among others. Its rugs and accessories collections include rugs and mirrors. It imports more than 5,000 containers of leather and fabric lounges as well as dining room and occasional furniture. The Company has stores located in New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, and others.
NICK SCALI LIMITED 
