Business
KMD: Sales and EBITDA improved, with equity raise and refinancing to support transformation
KMD: Sales and EBITDA improved, with equity raise and refinancing to support transformation

About this update from Kmd Brands Limited
Group sales grew 7.3% year-over-year, led by Kathmandu's strong performance, while underlying EBITDA improved significantly. A NZD 65.3 million equity raise and debt refinancing aim to strengthen the balance sheet and support the Next Level strategy amid a challenging macro environment.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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