Lier, 9 January 2025: Kid ASA today announces unaudited revenue figures for the
fourth quarter of 2024 (previous year in parentheses). For definition of like
-for-like sales, please see latest quarterly report at www.investor.kid.no.
KID GROUP
Q4 revenues increased by +11.7% (+10.2%) to MNOK 1,403.7 (MNOK 1,256.6[1]). Like
-for-like sales increased by +10.1%[2] (+9.3%).
Online sales accounted for 13.0% (12.8%[2]) of total revenues in the quarter.
For the fiscal year 2024, Kid Group revenues increased by +10.0% (+5.5%) to MNOK
3,784.9 (MNOK 3,439.5[3]). Like-for-like sales increased by +8.8%[2] (+5.5%).
SEGMENT KID INTERIOR
Q4 revenues increased by +8.8% (+9.3%) to MNOK 836.4 (MNOK 768.5). Like-for-like
sales increased by +6.7% (+8.5%). Online sales increased by +5.9% (+28.4%).
For the fiscal year 2024, revenues increased by +10.1% (+7.0%) to MNOK 2,337.5
(MNOK 2,122.9). Like-for-like sales increased by +8.5% (+6.1%). Online sales
increased by +15.5% (+27.4%).
One store was opened and one store was closed during the quarter. There were
five refurbished and two relocated 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 80 (79).
SEGMENT HEMTEX
Q4 revenues increased by +16.2% (+11.9%) to MSEK 554.5 (MSEK 477.1). Like-for
-like sales increased by +15.7% (+10.7%). Online sales increased by +21.9%
(+24.8%).
For the fiscal year 2024, revenues increased by +9.9% (+3.2%) to MSEK 1,421.2
(MSEK 1,292.7). Like-for-like sales increased by +9.3% (+4.4%). Online sales
increased by +4.9% (+8.4%).
Two stores were opened and three were refurbished during the quarter. There were
no closed or relocated stores. The total number of physical stores at the end of
the quarter was 130 (130). The number of shopping days in the quarter was 91
(91).
The quarterly report for the fourth quarter of 2024 will be announced 13
February 2025 at CET 07:30.
ENQUIRIES
Anders Fjeld, CEO, Kid ASA, +47 996 32 121, anders@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 Q4
2023?was MNOK 1,253.2 which?represents?an increase of +12.0%.
2. Calculated with constant currency.
3. Calculated with constant currency. Actual reported revenues YTD per Q4
2023 was MNOK 3,413.6 which results in an increase of +10.9%.