Business
Temple & Webster chiefs confident of high growth as profits surge – Sydney Morning Herald
The online retailer has reported a six-fold increase in profit for the half-year as the company continues to ride a COVID-induced surge in sales.
The heads of online furniture and homewares retailer Temple & Webster are confident the business can maintain its high growth rates throughout 2021 after the company reported a six-fold increase in profit for the half-year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 556 per cent to $14.8 million for the six months to the end of December, the company said on Tuesday, as it continues to ride a COVID-induced surge in sales.
Temple and Webster CEO Mark Coulter and CFO…
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