Company News Summary | 06 Feb 2019

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Nick Scali Announces Half Yearly Report and Accounts Presentation

09:05:00 | Associate analysts

Original annuncemenet:Half Yearly Report and Accounts - Presentation

Nick Scali announced half yearly report and accounts presentation. In which it stated that interim dividend of 25.0 cps will be paid, representing an increase in the payout ratio to 80%. The board intention is to increase the full year payout ratio to deliver good returns to shareholders in 2019. The company decides to expand store network with existing roll out plan for more than 80 stores across Australia and NZ.

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