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Kid ASA - Revenues for the First Quarter of 2025
08 Apr 2025 07:30 CEST
Issuer
Kid ASA
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.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Kid ASA
Provider
Oslo Børs Newspoint
Company Name
KID
ISIN
NO0010743545
Symbol
KID
Market
Euronext Oslo Børs