Sales are up for adventure company Kathmandu

Company News

by Rachael Jones

Camping and adventure store Kathmandu (ASX:KMD) has released their annual report for 2018 showing NPAT is up 32.9 per cent to $50.5m from $38.0m at the same corresponding period.

EBITDA margin is up 26.8 per cent from $70.8 million to $89.8 million.

Australia saw a 7.5 per cent increase in sales New Zealand sales saw a 2.4 per cent decrease.

Sales growth was supported by the success of our key product groups, improved promotion and digital content.

Shares in Kathmandu (ASX:KMD) closed 6.34 per cent down to $2.66 yesterday.
 

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