Brief: KMD Brands Says To Divest Southeast Asian Manufacturing Facility Over 12 Months
BRIEF-KMD Brands Says To Divest Southeast Asian Manufacturing Facility Over 12 Months July 22 (Reuters) - KMD Brands Ltd KMD.NZ:
KMD BRANDS TRADING UPDATE
TO DIVEST SOUTHEAST ASIAN MANUFACTURING FACILITY OVER 12 MONTHS
SEES FY26 GROUP SALES OF NZ$1,040M-NZ$1,044M, UP 5% AT MIDPOINT
SEES FY26 UNDERLYING EBITDA OF NZ$38M-NZ$41M, UP 123% AT MIDPOINT
DIVESTMENT TO DELIVER NZ$5M-NZ$7M PROCEEDS AND UNLOCK NZ$6M WORKING CAPITAL
Further company coverage: KMD.NZ
((Reuters.Briefs@thomsonreuters.com;))
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