Earnings Release • Jan 8, 2019
Earnings Release
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Revenues for the fourth quarter of 2018
Lier, 8 January 2019: Kid ASA today announces unaudited revenue figures for the
fourth quarter of 2018 (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 7.2% (4.5%) to MNOK 542.2 (MNOK 505.5). Like-for
-like sales increased by 5.3% (-0.2%). Online sales increased by 30.0% (33.8%).
· The number of shopping days in the quarter was 77 (76).
· For the fiscal year of 2018, revenues increased by +6.2% to MNOK 1466.7
(MNOK 1381.7). Like-for-like sales increased by 3.3% (3.1%). Online sales
increased by 56.2% (35.4%). The number of shopping days for the fiscal year was
303 (303).
· Three stores opened during the quarter, and two stores were relocated. The
total number of physical stores at the end of the quarter was 143 (140).
Revenue figures for the first quarter of 2019 will be announced on 5 April 2019
at 07:30 (Oslo Time).
ENQUIRIES
Henrik Frisell, CFO, Kid, +47 480 48 800
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