Kid ASA – Second Quarter 2024 Results
Lier, 22 August 2024: Kid Group, a leading home textile retailer in the Nordics, announces its financial results for the second quarter of 2024. HIGHLIGHTS FOR THE QUARTER INCLUDES: · Revenues for the Group amounted to MNOK 797.8, an increase of 10.2%, with strong contribution from both Kid Interior and Hemtex segments · Solid gross margin of 63.2%, up 1.0 percentage point · EBITDA increased by MNOK 34.9 to MNOK 201.5 · EPS of NOK 1.19 up from NOK 0.90 · Pilot for online testing of the European markets under the Hemtex brand to be launched in H2-25 “We are satisfied