Fredag 7 November | 04:00:28 Europe / Stockholm

Kid

2025-04-08 07:30:00

Lier, 8 April 2025: Kid ASA today announces unaudited revenue figures for the first quarter of 2025 (previous year in parentheses). For definition of like-for-like sales, please see latest quarterly report at www.investor.kid.no.

KID GROUP
Q1 revenues increased by +4.4% (+13.7%) to MNOK 733.7 (MNOK 702.9[1]). Like-for-like sales increased by +2.9%[2] (+13.5%). 

Online sales accounted for 12.3% (12.0%[2]) of total revenues in the quarter.

SEGMENT KID INTERIOR
Q1 revenues increased by +3.3% (+13.4%) to MNOK 452.4 (MNOK 437.7). Like-for-like sales increased by +1.8% (+12.7%). Online sales increased by +3.4% (+33.3%).

One store was relocated and two stores were refurbished during the quarter. There were no new or closed stores. The total number of physical stores at the end of the quarter was 158 (157). The number of shopping days in the quarter was 76 (75).

SEGMENT HEMTEX
Q1 revenues increased by +6.1% (+14.3%) to MSEK 271.2 (MSEK 255.7). Like-for-like sales increased by +4.7% (+14.9%). Online sales increased by +11.4% (-3.2%).

One store was opened, two stores were refurbished and one was relocated during the quarter. There were no closed stores. The total number of physical stores at the end of the quarter was 131 (129). The number of shopping days in the quarter was 89 (90).

The quarterly report for the first quarter of 2025 will be announced 15 May 2025 at CEST 07:30.

ENQUIRIES 
Mads Kigen, CFO, Kid ASA, +47 952 60 507, mads@kid.no

DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

1. Calculated with constant currency. Actual reported revenues per Q1 2024 was MNOK 696.5 which represents an increase of +5.3%.
2. Calculated with constant currency.