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KMD Publishes FY23 Financial Results With Rip Curl Achieving Record Results

KMD Brands delivers record $1.1 billion sales in FY23 KMD Brands Limited has announced its results for the twelve months ended 31 July 2023 (“FY23”). We shared a summary of KMD’s first half 2023 financial results back in April. FY23 key highlights (vs FY22): Group sales record, up 12.6% to $1.1 billion All brands grew sales, with Rip Curl and Oboz achieving record sales Gross margin improvement 20 basis points to 59.1% Underlying EBITDA1 of $105.9 million, up 15.1% YOY despite…