Nick Scali Limited: Solid ANZ Growth and UK Turnaround Progress in 1H FY26
Nick Scali Limited (ASX: NCK) delivered a resilient first-half performance for FY26, supported by strong growth in Australia and New Zealand (ANZ) and improving momentum in the United Kingdom. Group revenue increased 7.2% to AU$269.3 million, while net profit after tax rose 36.4% to AU$41.0 million. EBITDA reached AU$96.6 million, reflecting improved operating leverage and disciplined cost management.
ANZ revenue advanced 13.1% to AU$251.7 million, driven by 10.5% growth in written sales orders and a 150-basis-point expansion in gross margin to 65.9%. The strong performance was seen across all regions, driven by efficient inventory management and strategic marketing efforts.
In the UK, revenue declined due to temporary store closures linked to refurbishment and rebranding. However, gross margin improved significantly to 59.2%, highlighting better product mix and operational efficiencies.
The announcement of a fully franked interim dividend of 39 cents per share underscores the company's robust cash flow and strong financial standing. With continued store expansion in ANZ and stabilising UK operations, the Group remains positioned for disciplined growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Nick Scali Limited: Solid ANZ Growth and UK Turnaround Progress in 1H FY26
Nick Scali Limited (ASX: NCK) delivered a resilient first-half performance for FY26, supported by strong growth in Australia and New Zealand (ANZ) and improving momentum in the United Kingdom. Group revenue increased 7.2% to AU$269.3 million, while net profit after tax rose 36.4% to AU$41.0 million. EBITDA reached AU$96.6 million, reflecting improved operating leverage and disciplined cost management.
ANZ revenue advanced 13.1% to AU$251.7 million, driven by 10.5% growth in written sales orders and a 150-basis-point expansion in gross margin to 65.9%. The strong performance was seen across all regions, driven by efficient inventory management and strategic marketing efforts.
In the UK, revenue declined due to temporary store closures linked to refurbishment and rebranding. However, gross margin improved significantly to 59.2%, highlighting better product mix and operational efficiencies.
The announcement of a fully franked interim dividend of 39 cents per share underscores the company's robust cash flow and strong financial standing. With continued store expansion in ANZ and stabilising UK operations, the Group remains positioned for disciplined growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au