Lidcombe. Nick Scali sales down

Nick Scali, a top of the range furniture retailer, based at Lidcombe, expects sales for the first half of the financial year to be between $2.3 million and $2.8 million below the same period last year because of the slowing economy and the weak Australian dollar. Anthony Scali, MD, said he was encouraged by sales order in the past three months. Net profit for the half year to December 31 last year was $4.62 million.