Candle seller Dusk’s profits to more than triple
Homewares retailer Dusk expects underlying full-year earnings to rise more than threefold following a surge in demand for scented candles and diffusers from consumers spending more time at home.
In a trading update on Friday, Dusk, which floated in November after raising $70 million, said it expected underlying earnings before interest and tax between $38 million and $40 million for the year ending June, compared with $11.9 million in 2020.
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