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

Dusk

16/05/2025 02:08

** 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;))