KMD 1.08% 47.0¢ kmd brands limited

Ann: KMD Brands Trading Update, page-2

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  1. 4,888 Posts.
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    $50M underlying EBITDA isn't great but given they started FY24 slowly, consumer sentiment is hammered and NZ is a mess things could be worse.

    I'll be keen to see their inventory and cashflow when they report in August. Expecting net debt to be around $60-70m so probably no dividend.

    FY25 might start better though with the AU tax cuts heading into a decent ski season.
 
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