the presentation says: "Rip Curl has contributed NZ$15.7m to Group Underlying EBIT result in the three months since acquisition"
when removing the one-off costs, its $34.1M EBIT for 1HY20
1HY19 i get $20.9M EBIT (although the presentation say $19.8M EBIT)
therefore, the it seems the non-Rip Curl EBIT declined slightly for 1HY20 (even though the underlying NPAT seemed to rise 26.4%)
Ann: Kathmandu 2020 Interim Results and Equity Capital Raising, page-11
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