Kid ASA - Second Quarter 2021 Results
Lier, 19 August 2021: The board of Directors of Kid ASA has approved the financial report for the second quarter of 2021.Q2 was yet another successful quarter for the Kid Group with high profitability, driven by continued revenue growth on top of last year’s extraordinary growth figures, increased gross margins and stringent cost control. Key financial highlights · Revenues increased by 3.9% and like-for-like growth increased by 2.9% despite closed Norwegian and Estonian stores in April and reduced footfall following governmental Covid-19 restrictions in Sweden and Finland ·