Brief: KMD Brands FY Total Revenue Up 6.2% To NZ$979.8 Million

KMD Brands

19/09/2022 22:40

Sept 20 (Reuters) - KMD Brands Ltd  KMD.NZ :
    * FY TOTAL REVENUE UP 6.2% TO NZ$979.8 MILLION
    * FY NET PROFIT FROM CONTINUING OPERATIONS NZ$36.8 MILLION
DOWN
40.0%
    * DECLARED FINAL DIVIDEND OF 3 NZ CENTS PER SHARE
    * AUGUST SALES FOR GROUP WERE UP 44.2% ON AUGUST 2021, AND
10.3%
ABOVE PRE-COVID AUGUST 2019
    * KMD BRANDS WELL POSITIONED TO DELIVER CONTINUED SALES AND
EARNINGS GROWTH IN FY23
    * UNWIND OF INVENTORY, SALES GROWTH IN FY23, FULL TRADE
UNIMPEDED
BY COVID, EXPECTED TO UNDERPIN INCREASED CASH FLOW GENERATION IN
FY23

Further company coverage:  KMD.NZ 

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