Thursday, 16 August 2018

Announcement

MKTUPDTE: KMD: Trading update and FY2018 1H profit guidance

24 Jan 2018 09:54NZX
KATHMANDU HOLDINGS LIMITED
ASX/ NZX/ MEDIA ANNOUNCEMENT
24 JANUARY 2018

TRADING UPDATE AND 1H PROFIT GUIDANCE FOR THE HALF YEAR ENDING 31 JANUARY
2018

Kathmandu Holdings Limited (ASX and NZX Code: KMD) advises that Group Net
Profit after Tax ("NPAT") for 1H FY2018 will be no less than $12.0m (1H
FY2017 $10.0m).

Total sales for 1H FY2018 will be approximately $204 million compared to
$196.3 million for the comparative prior period.
Group same store sales for 25 weeks ending 21 January 2018 is -0.8% at
constant exchange rates. In our largest market Australia, same store sales
grew by +1.9%, while New Zealand declined by -6.4%.

Kathmandu''s Chief Executive Officer Xavier Simonet said "Striking the right
balance in the key Christmas trading period between generating sales growth
and improving our gross margin has fuelled healthy earnings growth. We have
also continued to strengthen our balance sheet position during the first
half."

Kathmandu will release the full result for the half year on Tuesday 20 March
2018.
ENDS

For further information, please call:
Reuben Casey, CFO, +64 272727573
End CA:00313373 For:KMD    Type:MKTUPDTE   Time:2018-01-24 09:54:01
Views: 111
Kathmandu Holdings Limited
 2.310 Change:
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Open:2.310 
High:2.310 
Low:2.310 
Volume:0 
Last Traded:07/02/18 00:20:50 
Bid:2.310 
Ask:2.350 
52-Wk High:2.620 
52-Wk Low:1.870