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Kathmandu shares surge on CEO’s comments

Shares up 16%, or 42c, to $2.91 in midday trading.

Dane Ambler Fri, 23 Nov 2018

Kathmandu Holdings shares have jumped 16% after chief executive Xavier Simonet announced the company expects profits “strongly above” last year's at the annual general meeting in Auckland today.

He didn't provide any further detail on the forecast.

The Christchurch-based outdoor clothing

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