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Trading update and 1H profit guidance

Guidance6 February 2017KMDConsumer Discretionary

Kathmandu Holdings Ltd
223 Tuam Street, Christchurch 8011 249 Park Street, South Melbourne, Victoria 3205

PO Box 1234, Christchurch 8140, New Zealand PO Box 984, South Melbourne, Victoria 3205, Australia

Phone: +64 3 373 6110 Fax: +64 3 373 6116 Phone: +61 3 9267 9999 Fax: +61 3 9267 9933

kathmandu.co.nz kathmandu.com.au

 

KATHMANDU HOLDINGS LIMITED 

ASX/ NZX/ MEDIA ANNOUNCEMENT 

7 FEBRUARY 2017 

TRADING UPDATE AND 1H PROFIT GUIDANCE FOR THE HALF YEAR ENDING 31 JANUARY 2017 

Kathmandu Holdings Limited (ASX and NZX Code: KMD) advises that Group Net Profit after Tax (“NPAT”) for 

1H FY2017 will be approximately $9.9m (1H FY2016 $9.4m). 

Total sales for 1H FY2017 will be approximately $196.3 million compared to $196.0 million for the 

comparative prior period, an increase of 0.1%, +3.0% at constant exchange rates.  

Same store sales growth for the 26 weeks ending 29 January 2017 was 3.4% on a constant currency basis. 

 Total Sales  Total Sales Growth  Same Store Sales Growth 

 Local 

currency  

$m 

Local 

currency 

NZD Local 

currency 

NZD 

Australia 121.0  6.0%  1.8%  5.0% 0.8% 

New Zealand 68.8 0.9%  0.9%  1.2% 1.2% 

United Kingdom  0.7  (57.4%) (68.4%)  (26.5%)  (45.4%) 

Total (NZD) 196.3  3.0%  0.1%  3.4% 0.6% 

Note: Same store sales are for the 26 weeks ending 29 January 2017 

Kathmandu’s Chief Executive Officer Xavier Simonet said “Despite gross margin pressure in the first half 

from foreign currency, we were able to grow our earnings through healthy same store sales growth in our 

largest market, rigorous cost control and working capital efficiency.” 

Kathmandu will release the full result for the half year on Tuesday 21 March 2017. 

ENDS 

For further information, please call: 

Reuben Casey, CFO, +64 272727573

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.