Brief: KMD Brands Says Expect Group Underlying 1H EBITDA Between NZ$14 Mln To NZ$16 Mln

KMD Brands

20/02/2024 01:08

Feb 20 (Reuters) - KMD Brands Ltd  KMD.NZ :
    * GROUP UNDERLYING 1H FY24 EBITDA EXPECTED TO BE IN RANGE OF
NZ$14
MILLION TO NZ$16 MILLION.
    * HY GROUP SALES ARE EXPECTED TO BE NZ$469 MILLION,
    * EXPECT TO SEE SIGNS OF IMPROVEMENT IN SECOND HALF AND INTO
FY25
    * EXPECT INVENTORY REDUCTION CYCLE TO END IN FY GIVING MORE
POSITIVE FY25 OUTLOOK IN WHOLESALE CHANNEL
    * EXPECT INVENTORY REDUCTION CYCLE TO END THIS FY GIVING US
A MORE
POSITIVE FY25 OUTLOOK IN WHOLESALE CHANNEL

Source text for Eikon:  ID:n426457-2 
Further company coverage:  KMD.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))