Mosaic Brands grew EBITDA and net profit for the first half of FY20 despite a drop in revenue and the widely felt impact of the disastrous bushfire season. Net profit for the half rose 47.5 per cent to $14.1 million for the six months to 29 December, while EBITDA rose 36 per cent to $32 million. And while revenue fell 10.9 per cent to $413.8 million, this was offset by a rise in gross margin from 57 per cent to 60 per cent due to a decision to stop chasing discounts across its range. Mosai
