Earnings Release • Jan 8, 2016
Earnings Release
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Revenue for the fourth quarter of 2015
Lier, 8 January 2016: Kid ASA today announces unaudited
revenue figures for the fourth quarter of 2015 (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 +8.5% to NOK 433.1 million
(NOK 399.3 million). Like-for-like sales increased by +3.2%.
Online sales increased by +53.6%.
- Fiscal year 2015 revenues increased by +4.6% to NOK 1
188.4 million (NOK 1 135.9 million). Like-for-like sales
decreased by -1.1%. Online sales increased by +54.6%.
- Two new stores in the fourth quarter. There were no store
closings. The total number of stores at the end of the
quarter was 130.
Revenue figures for the first quarter of 2016 will be
announced on 8 April 2016 at 07:30 (Oslo Time).
ENQUIRIES
Kjersti Hobøl, CEO Kid, +47 918 35 965
Petter Schouw-Hansen, CFO Kid, +47 482 24 534
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