Kid ASA - Third Quarter 2026 Results
Lier, 5 November 2026: Kid Group, a leading home and interior retailer in the
Nordics, announces its financial results for the third quarter of 2026.
HIGHLIGHTS FOR THE QUARTER INCLUDE:
- Group revenues increased by 12.3% to MNOK 1,012.7 (15.2% in constant
currency), supported by solid growth across both Kid Interior and Hemtex and
strong seasonal assortments
- Gross margin increased by 0.5 percentage points to 62.3% (61.8%), supported
by favourable currency effects
- OPEX decreased by 0.6% (+12.0%), with higher activity levels, investments in
systems and bonus, offset by currency effects and non-recurring items Q3 2025
- EBITDA increased by 38.5% to MNOK 283.5 (MNOK 204.7), up MNOK 78.8 year-over
-year
- EPS increased by NOK 1.37 to NOK 2.35 (NOK 0.98), mainly reflecting the
improved operating result and non-recurring items in the comparison period
- Operating cash flow improved by MNOK 167.6 compared with Q3 2025, supported
by improved working capital development and higher profitability
- Half-year dividend payment NOK 2.75 (NOK 2.50) per share as a prepayment for
the fiscal year 2026, payable in November
"Kid Group delivered strong and broad-based revenue growth in the third quarter,
with solid performance across both segments and major product categories.
Warehouse operations are stable, product availability is good and our focus is
increasingly on efficiency and productivity improvements. Together with strong
assortments, this leaves us well prepared for the important Christmas shopping
season" says Marianne Fulford, CEO of Kid ASA.
The results will be presented at 08:30 CET by CEO Marianne Fulford and CFO Mads
Kigen as a live webcast in English. A recorded version of the presentation will
be made available at http://investor.kid.no.
Please join the webcast at the following link: https://qcnl.tv/p/kKAstzEuX9T6L2w
-aQd3WA
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.