Trading update and 1H profit guidance
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.