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Kid ASA Earnings Release 2018

Oct 8, 2018

3642_rns_2018-10-08_5d613ba5-54ae-4962-99de-235576ffacf6.html

Earnings Release

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Revenues for the third quarter of 2018

Revenues for the third quarter of 2018

Lier, 8 October 2018: Kid ASA today announces unaudited revenue figures for the

third quarter of 2018 (previous year in brackets). For definition of like-for

-like stores, please see latest quarterly report at http://investor.kid.no.

· Q3 revenues increased by +7.1% to MNOK 368.1 (MNOK 343.8). Like-for-like

sales increased by 5.6%. Online sales increased by +102.1%.

· The number of shopping days in the quarter was 78 (79).

· For the first three quarters of 2018, revenues increased by +5.5% to MNOK

924.5 (MNOK 876.1). Like-for-like sales increased by +2.2%. Online sales

increased by +77.8%. The number of shopping days for the first three quarters

was 226 (227).

· There were no changes in the store portfolio during the quarter. The total

number of physical stores at the end of the quarter was 140 (138).

Revenue figures for the fourth quarter of 2018 will be announced on 8 January

2019 at 07:30 (Oslo Time).

ENQUIRIES

Petter Schouw-Hansen, Interim CEO, Kid, +47 482 24 534