KMD Brands Sees AU$1 Million in Fiscal 2025 Earnings Impact From US Tariffs; Shares Hit All-Time Low

MT Newswires Live
06-19

KMD Brands (ASX:KMD, NZE:KMD) expects US tariffs to impact its fiscal 2025 earnings before interest, taxes, depreciation, and amortization (EBITDA) by about NZ$1 million, according to a Thursday filing with the Australian and New Zealand bourses.

The company now expects underlying EBITDA in the range of NZ$15 million to NZ$25 million, the filing said.

In the same filing, the company said that unaudited group sales for the 10 months to May fell 0.5% year on year, citing unseasonably warm weather.

It also sees net debt of NZ$70 million as at July 31.

KMD Brands' New Zealand shares fell 5% in recent Thursday trade, earlier hitting an all-time low.

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