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BUZZ-Australia's dusk Group sees worst day in 2 years on weak FY25 margin outlook

Reuters
05/16
BUZZ-Australia's dusk Group sees worst day in 2 years on weak FY25 margin outlook

** dusk Group DSK.AX plunges as much as 18.8% to A$0.950; marks biggest intraday percent loss since mid May, 2023

** Stock hits the lowest since April 9

** Co says it expects gross profit margin to be 50-100 basis points lower in FY25 vs a year ago

** YTD, DSK is flat

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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