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>KMD Brand's (KMD) FY24 result was in line with expectations, leaving our positive invest view unchanged.</li><li>The company's key focus over the last half was improving Kathmandu's product and branding, which appears to be gaining some traction. </li><li>Kathmandu's quarterly sales declines continue to incrementally improve, and gross margin dollars through the first eight-weeks of FY25 was up +5% versus the same period last year. </li></ul>

KMD Brand's (KMD) FY24 result was in line with expectations, leaving our positive invest view unchanged.The company's key focus over the last half was improving Kathmandu's product and branding, which appears to be gaining some traction. Kathmandu's quarterly sales declines continue to incrementally improve, and gross margin dollars through the first eight-weeks of FY25 was up +5% versus the same period last year. 

KMD Brands - FY24 Result — On the Trail

Kathmandu Holdings

KMD Brands - FY24 Result — On the Trail