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.
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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