Lier, 20 August 2026: Kid Group, a leading home and interior retailer in the Nordics, announces its financial results for the second quarter of 2026.
HIGHLIGHTS FOR THE QUARTER INCLUDE:
- Revenues for the Group increased by 6.8% to MNOK 914.8 (9.1% in constant currency), supported by strong seasonal assortments and continued solid Online sales growth
- Gross margin increased to 63.2%, supported by favourable freight costs, currency effects and product mix
- OPEX increased by 5.4%, primarily driven by marketing activity, bonus accruals and IT investments, partly offset by currency
- EBITDA increased by 15.2% to MNOK 217.8 (MNOK 189.1), up MNOK 28.7 year-over-year
- EPS increased by NOK 0.97 to NOK 0.90, supported by stronger profitability, lower financial expenses and non-recurring items recognised in the prior year
- Operating cash flow improved by MNOK 103.8 compared with Q2 2025, supported by working capital development and higher profitability
“Kid Group delivered robust revenue growth in the second quarter despite negative timing effects from Easter in Norway. Growth was supported by strong customer demand across both segments, continued Online momentum and strong performance in seasonal assortments. Warehouse operations remained stable throughout the quarter, supporting good product availability and normal flow of goods to stores” says Marianne Fulford, CEO of Kid ASA.
The results will be presented in English at 08:30 CEST by CEO Marianne Fulford and CFO Mads Kigen as a live webcast. A recorded version of the webcast will be made available at http://investor.kid.no.
Please join the webcast at the following link: https://qcnl.tv/p/wEYv5SsvhlArhczcGk-xtg
The quarterly report and presentation material will be available on http://investor.kid.no and http://newsweb.no.
ENQUIRIES:
Marianne Fulford, CEO, Kid ASA, +47 976 85 308, mariannef@kid.no
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.