Kid ASA

Earnings Release • Jan 9, 2025

Kid ASA - Revenues for the Fourth Quarter of 2024

Kid ASA - Revenues for the Fourth Quarter of 2024

Lier, 9 January 2025: Kid ASA today announces unaudited revenue figures for the

fourth quarter of 2024 (previous year in parentheses). For definition of like

-for-like sales, please see latest quarterly report at www.investor.kid.no.

KID GROUP

Q4 revenues increased by +11.7% (+10.2%) to MNOK 1,403.7 (MNOK 1,256.6[1]). Like

-for-like sales increased by +10.1%[2] (+9.3%).

Online sales accounted for 13.0% (12.8%[2]) of total revenues in the quarter.

For the fiscal year 2024, Kid Group revenues increased by +10.0% (+5.5%) to MNOK

3,784.9 (MNOK 3,439.5[3]). Like-for-like sales increased by +8.8%[2] (+5.5%).

SEGMENT KID INTERIOR

Q4 revenues increased by +8.8% (+9.3%) to MNOK 836.4 (MNOK 768.5). Like-for-like

sales increased by +6.7% (+8.5%). Online sales increased by +5.9% (+28.4%).

For the fiscal year 2024, revenues increased by +10.1% (+7.0%) to MNOK 2,337.5

(MNOK 2,122.9). Like-for-like sales increased by +8.5% (+6.1%). Online sales

increased by +15.5% (+27.4%).

One store was opened and one store was closed during the quarter. There were

five refurbished and two relocated stores. The total number of physical stores

at the end of the quarter was 158 (157). The number of shopping days in the

quarter was 80 (79).

SEGMENT HEMTEX

Q4 revenues increased by +16.2% (+11.9%) to MSEK 554.5 (MSEK 477.1). Like-for

-like sales increased by +15.7% (+10.7%). Online sales increased by +21.9%

(+24.8%).

For the fiscal year 2024, revenues increased by +9.9% (+3.2%) to MSEK 1,421.2

(MSEK 1,292.7). Like-for-like sales increased by +9.3% (+4.4%). Online sales

increased by +4.9% (+8.4%).

Two stores were opened and three were refurbished during the quarter. There were

no closed or relocated stores. The total number of physical stores at the end of

the quarter was 130 (130). The number of shopping days in the quarter was 91

(91).

The quarterly report for the fourth quarter of 2024 will be announced 13

February 2025 at CET 07:30.

ENQUIRIES

Anders Fjeld, CEO, Kid ASA, +47 996 32 121, anders@kid.no

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

1.    Calculated with constant currency. Actual reported revenues per Q4

2023?was MNOK 1,253.2 which?represents?an increase of +12.0%.

2.    Calculated with constant currency.

3.    Calculated with constant currency. Actual reported revenues YTD per Q4

2023 was MNOK 3,413.6 which results in an increase of +10.9%.