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KINDY: leg and footwear concern expects operating profit


DESPITE a slight decline in sock sales, by 0.3 per cent to EUR 30.9m, during its 2013/14 fiscal year, the 4.7 per cent rise in sales of children’s shoes, to EUR 12.5m, allowed Kindy to predict a move back into positive operational results. The only modest decline in sock sales in a trading environment that was distinctly gloomy was largely due to the good performance of the Thyo brand of sports socks as well as to the growth of online sales.


The stronger demand for the Thyo range suggests that the company could gain from the development of new brands of functional socks for a broader variety of end-users.

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