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.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.