Trading update and FY2018 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
24 JANUARY 2018
TRADING UPDATE AND 1H PROFIT GUIDANCE FOR THE HALF YEAR ENDING 31 JANUARY 2018
Kathmandu Holdings Limited (ASX and NZX Code: KMD) advises that Group Net Profit after Tax (“NPAT”) for
1H FY2018 will be no less than $12.0m (1H FY2017 $10.0m).
Total sales for 1H FY2018 will be approximately $204 million compared to $196.3 million for the
comparative prior period.
Group same store sales for 25 weeks ending 21 January 2018 is -0.8% at constant exchange rates. In our
largest market Australia, same store sales grew by +1.9%, while New Zealand declined by -6.4%.
Kathmandu’s Chief Executive Officer Xavier Simonet said “Striking the right balance in the key Christmas
trading period between generating sales growth and improving our gross margin has fuelled healthy
earnings growth. We have also continued to strengthen our balance sheet position during the first half.”
Kathmandu will release the full result for the half year on Tuesday 20 March 2018.
ENDS
For further information, please call:
Reuben Casey, CFO, +64 272727573