Trilogy forecasts first-half revenue will rise more than 50% to $23 mln; shares soar

Mon, 03 Aug 2015

By Fiona Rotherham Aug. 3 (BusinessDesk) - Trilogy International, the skincare products and scented candle maker, said first-half revenue is likely to exceed $23 million, a year-on-year increase of more than 50 percent, following strong growth across all three of its brands. Sales would help drive up profit to $3.5 million in the six months ending Sept. 30, from $1.1 million a year earlier, the company said. Trilogy’s shares leapt on the news, trading up 21 percent to $1.15 per share. The company, whose brands include Trilogy, Ecoya, a...

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