Kathmandu lifts FY profit
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Kathmandu Holdings (KMD) will push ahead with investments in infrastructure to expand its online sales and expects another solid earnings result in fiscal 2014, barring a deterioration of economic conditions, after lifting its full-year net profit.
In the year to June 30, Kathmandu's net profit was $NZ44.17 million, a 26.7% increase on the $NZ34.9 million in the previous year.
In the same period, revenue was $NZ383.989 million, a 10.6% lift on the $347.1 million recorded in 2012.
The group will pay a fully-franked final dividend of nine cents.
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