Revenues for the fourth quarter of 2017

Lier, 8 January 2018: Kid ASA today announces unaudited revenue figures for the fourth quarter of 2017 (previous year in brackets). For definition of like-for-like stores, please see latest quarterly report at http://investor.kid.no.

  • Q4 revenues increased by +4.5% to MNOK 505.5 (MNOK 483.8). Like-for-like sales decreased by -0.2%. Online sales increased by +33.8%. The number of shopping days in the quarter was 76 (78).
  • For the fiscal year of 2017, revenues increased by +6.8% to MNOK 1,381.7 (MNOK 1,293.9). Like-for-like sales increased by +3.1%. Online sales increased by +35.4%. The number of shopping days for the fiscal year was 303 (306).
  • Two stores opened during the quarter, and one store was relocated. The total number of physical stores at the end of the quarter was 140.

Revenue figures for the first quarter of 2018 will be announced on 6 April 2018 at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

Petter Schouw-Hansen, CFO Kid, +47 482 24 534

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