Half-year revenue ($NZm) 410.7, up 12.9pc from year-earlier 363.7
Pre-tax profit ($NZm) 30.0 v 13.5
Net profit ($NZm) 22.0 v 6.9
Interim dividend (NZ¢) 2.0 v nil, payable June 4
Kathmandu has ruled out repaying $NZ20.5 million ($18.9 million) in government grants and wage subsidies that helped the outdoor leisure retailer boost earnings in the January half and resume paying dividends for the first time in two years.
Kathmandu’s statutory earnings before interest tax depreciation and amortisation rose 42 per cent to $NZ95.4 million in the six months ending January.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
