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Kid ASA Earnings Release 2018

Jul 6, 2018

3642_rns_2018-07-06_48b7201c-900f-45c2-bc03-2099e94b4b20.html

Earnings Release

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Revenues for the second quarter of 2018

Revenues for the second quarter of 2018

Lier, 6 July 2018: Kid ASA today announces unaudited revenue figures for the

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

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

· Q2 revenues increased by +1.1% to MNOK 281.5 (MNOK 278.4). Like-for-like

sales decreased by -2.7%. Online sales increased by +72.3%.

· The number of shopping days in the quarter was 73 (71).

· For the first two quarters of 2018, revenues increased by +4.5% to MNOK

566.4 (MNOK 532.3). Like-for-like sales increased by +0.1%. Online sales

increased by +64.0%. The number of shopping days for the first two quarters was

148 (148).

· There was one store opening, five stores were refurbished and two stores

were relocated during the quarter. The total number of physical stores at the

end of the quarter was 140 (137).

Revenue figures for the third quarter of 2018 will be announced on 8 October

2018 at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

Petter Schouw-Hansen, CFO Kid, +47 482 24 534