Kmd Brands LimitedNZX: KMD

KMD: Sales improved in Q3/Q4, but FY24 group revenue fell 11.2% with margin pressure

· Issued by Kmd Brands Limited

Group sales declined 11.2% in FY24, with improvement in later quarters and strong online growth for Oboz. Gross margin slipped to 58.8%, and underlying EBITDA is expected at $49–$51 million.

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