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Investment
4 mins to read
1

KMD managing director hints at structural refinement changes

Daly also confirmed KMD Brands was still committed to Kathmandu NZ and the Oboz brand despite the challenged performance.

A Kathmandu store in Christchurch, where the brand was founded.

Kate McVicar Wed, 25 Sep 2024
Key points
  • Revenue: $979.4 million
  • Npat: Statutory net loss of $48.3m
  • Key takeaway: Growing sales and improving profitability will be key for KMD Brands during the new fiscal year. 

KMD Brands managing director Michael Daly alluded to a ‘refinement of structures’ amid plans to simplify the company, but avoided using the term restructure.

After KMD’s analyst briefing this morning Daly told NBR he was always looking for ways to simplify the business and make it more

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Kate McVicar Wed, 25 Sep 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
KMD Brands Michael Daly Kathmandu Rip Curl oboz retail Forsyth Barr Paul Laxton Koraua
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Key points
  • Revenue: $979.4 million
  • Npat: Statutory net loss of $48.3m
  • Key takeaway: Growing sales and improving profitability will be key for KMD Brands during the new fiscal year. 
Company profile
Powered by:
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

KMD Brands expects underlying ebitda to half on last year
Investment
1

Destocking and restocking the ‘million-dollar’ questions for KMD

Investment
1

Weak update from KMD Brands knocks wind out of share price
Investment

KMD Brands ‘cautiously optimistic’ about the future

Investment
3

KMD Brands share price falls in response to ‘vague’ update

Comings & Goings

Hallenstein Glasson poaches new CEO from KMD Brands
KMD managing director hints at structural refinement changes
Investment,
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