Ecoya beats 2013 earnings guidance as Trilogy dominates

Sun, 21 Apr 2013

April 22 (BusinessDesk) - Ecoya, the scented candlemaker which derives more sales from its Trilogy skincare products range, turned profitable on an earnings before interest, tax, depreciation and amortisation basis, beating its November prediction to breakeven this year. Ebitda was more than $1.1 million in the 12 months ended March 31, with sales rising 18 percent to $26.6 million, the Auckland-based company said in a statement. It sees more growth in 2014 with revenue forecast to beat $30 million and ebitda to exceed $2 million. "The for...

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