Full Year 2024 Dusk Group Ltd Earnings Call Transcript
Good morning, everyone. My name is Vladislav Yakubson, CEO of Dusk Group. With me today is our new CFO, Gordon Squire, and we welcome you to our FY24, results briefing.
Gordon joined us in June, and we're delighted to have gotten onboard. He has already make an important contribution to task and brings a commercial approach to training the business and maintain tight control of CODB. It is an exciting time at dusk with a new leadership team and a new energy across the business. In the 10 months since becoming CEO, there's been a lot of change and I want to talk today about the progress we've made in the second half of FY24, as well as our strategy for FY25 and beyond.
Slide 4 shows the headline number for FY24 results. Total sales of $126.7 million was 7.9% lower on the prior corresponding period or PCP. Our sales run rate continued to improve throughout the year, with positive sales growth achieved in June on PCP. In FY24, like-for-like, sales were 12.1% down on PCP. Gross profit of $81.5 billion was 7.5% lower. Gross profit
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