Writedown by KMD Brands

23.9.26 KMD Brands stunned its investors today with a major writedown that depressed the reported net results for the July year into the fed. Group sales were up +6.5% to $1,053.0 million.  Gross margin increased +1.2% of sales to 57.7%. Underlying operating expenses rose +4.4% to $565.2 million. Underlying EBITDA $42.0 million, was up +137.7% […]