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KMD Brands expects underlying ebitda to half on last year

The scale of Kathmandu's sales decline through the winter trading period is surprising, analyst says.

Kathmandu winter sales didn't get off to a strong start for its parent company.

Kate McVicar Fri, 21 Jun 2024

KMD Brands is primed to present a dampened set of annual results later this year. Second half sales had improved on first half figures, but were still down year on year. 

The group forecasted an underlying earnings before interest, tax, depreciation, and amortisation (ebitda) of about $50 million

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Kate McVicar Fri, 21 Jun 2024
Contact the Writer: kate@nbr.co.nz
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KMD Brands expects underlying ebitda to half on last year
Investment,
104612
true