A solid result overall for FY21 - they met guidance on sales and profit. Dividend was at the low end of dividend policy range, so perhaps some investors who were expecting more are selling this for that reason. I know some were hoping for 15c. They noted that they have declared this amount, having regard to the uncertainty around lockdowns and their timeframes so wanted to be cautious.
The first 7 week trading results were not unexpected due to lockdowns and fortunately falls in their 'quieter' period. Online sales has helped offset their in-store trading impacts, being up 26%.
Ann: DSK FY21 Investor Presentation, page-21
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