New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Sales growth has been strong across all group brands despite macro-economic weakness</li><li>Near term revenue forecasts may be supported by a range of positive indicators</li><li>Inventory remains elevated but expected to be transient</li></ul>

Sales growth has been strong across all group brands despite macro-economic weaknessNear term revenue forecasts may be supported by a range of positive indicatorsInventory remains elevated but expected to be transient

Kathmandu Holdings

KMD Brands: Back on the Right Track