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Nick Scali Reports 30% Profit Drop Amid UK Expansion Challenges

8:18am on Friday 7th of February, 2025 AEDT Retail
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Nick Scali Reports 30% Profit Drop Amid UK Expansion Challenges

8:18am on Friday 7th of February, 2025 AEDT
Key Points
  • Statutory profit after tax down 30.2% to $30 million
  • Underlying profit declined 22.6% excluding restructuring and freight disruption costs
  • UK operations contributed to revenue growth but posted a $4.1 million statutory loss
  • Fully franked interim dividend declared at 30 cents per share
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