Kid ASA · OSL:KID
Kid ASA — Q3 2026 Earnings Presentation
24 slides from Kid ASA's earnings presentation, 2026
Slide 1: Q3 2026 presentation
Kid ASA – Q2 presentation Kid ASA: Quarterly Report 11 Q3 2026 presentation
Slide 2: Third quarter in brief – Financial summary
Third quarter in brief Financial summary • Revenues for the Group increased by 12.3% to MNOK 1,012.7 (15.2% in constant currency), supported by solid growth across both segments and strong seasonal assortments Bytt bilde • Gross margin increased to 62.3% (61.8%), supported by favourable currency eff
Slide 3: Third quarter in brief – Operational summary
Third quarter in brief Operational summary • Strong revenue growth across both Kid Interior and Hemtex • Broad-based growth across major categories, with particularly strong development in bedlinen, bathroom products, duvets and pillows • Autumn assortments performed well, supported by earlier produ
Slide 4: Third quarter in brief – Operational summary
Third quarter in brief Operational summary • Warehouse operations remained stable throughout the quarter • High product availability and reliable flow of goods to stores • Continued focus on operational efficiency and productivity improvements • System modernisation progressing according to plan • C
Slide 5: Financials
Financial Operational summary Financials
Slide 6: Revenues
REVENUES Revenues MNOK 1,452 1,013 579 915 902 856 Group revenues increased by 12.3% to MNOK 1,012.7 in Q3 734 800 357 341 328 320 308 281 • In constant currency: 874 574 574 656 452 493 536 • Group revenues increased by 15.2% (+0.5%) • Group like-for-like revenues increased by 14.6% (-1.7%), includ
Slide 7: Gross margin
Gross margin Improved gross margin in the third quarter • Group gross margin increased by 0.5pp to 62.3% (61.8%) in the third quarter GROUP GROSS MARGIN % • Kid Interior gross margin remained stable at 61.6% (61.6%) • Hemtex gross margin increased by 1.4pp to 63.4% (62.0%) 63.2 % 62.3 % 62.3 % 62.3
Slide 8: OPEX
OPEX MNOK OPEX 358 346 365 353 451 330 351 233 157 147 165 158 OPEX-TO-SALES (excl. IFRS 16) of 46.2% (51.9%) 138 170 • Employee benefit expenses increased by MNOK 15.9 in constant currency 192 201 199 200 194 218 183 • General salary increases in LFL stores 2025 2026 2025 2026 2025 2026 2025 2026 •
Slide 9: EBITDA
EBITDA MNOK 440 174 284 218 84 205 189 66 59 133 56 115 266 34 42 200 133 152 146 82 91 2025 2026 2025 2026 2025 2026 2025 2026 Q1 Q2 Q3 Q4 Kid Interior Hemtex 9 Kid ASA – Q3 presentation
Slide 10: Cash flow
Cash flow MNOK Strong cash flow development • Cash flow from operations was positive at MNOK 261.8 - 14 • Supported by strong profitability • Working capital development was positively impacted by - 101 other provisions, partly offset by inventory build-up - 26 • Cash flow from investments 262 • Mai
Slide 11: Cash and credit facilities
Cash and credit facilities MNOK Satisfactory financial position 1,400.0 436.3 100.0 100.0 86.3 • Cash and available credit facilities of MNOK 436.3 300.0 250.0 (MNOK 182.3) at quarter-end 963.7 213.7 • Net interest-bearing debt excl. IFRS 16 of MNOK 963.7 400.0 150.0 (MNOK 1,047.9) • Gearing ratio,
Slide 12: Semi-annual dividend
Semi - annual dividend Dividend of NOK 2.75 per share • The Board of Directors has decided to pay a half-year dividend of NOK 2.75 per share as a prepayment on the fiscal year 2026 • Following the Q4 2026 results, the Board of Directors will propose the next half- year dividend to the annual general
Slide 13: Store Portfolio and Outlook
Financial Financials Operational summary Store Portfolio 13 Kid ASA – Q1 presentation and Outlook
Slide 14: Store portfolio activity
NUMBER OF STORES PER QUARTER - END Store portfolio activity 283* Completed 2026 per quarter-end Signed, but not yet completed NO: Nationaltheateret, Oslo (Q4-26) NO: Krøgenes, Arendal NO: Tangvall Arena, Søgne (Q4-26) New stores NO: Laksevåg, Bergen NO: 1 new store** (Q2-27) SE: Mölndal Centrum SE:
Slide 15: Outlook
Outlook • Continued focus on operational efficiency and productivity improvements in warehouse operations • System modernisation progressing according to plan • Freight rates stabilised during Q3, while market developments continue to be monitored closely • Gradual European Online expansion • Focus
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Slide 17: Segment: Kid Interior
Segment: Kid Interior KID Interior (Amounts in NOK millions) Q3 2026 Q3 2025 Q1-Q3 2026 Q1-Q3 2025 FY 2025 Revenue 655.7 573.6 1,722.6 1,561.9 2,435.5 Revenue growth 14.3 % 1.9 % 10.3 % 4.1 % 4.2 % LFL growth including online sales 13.5 % 0.5 % 9.4 % 2.6 % 3.1 % COGS -251.6 -220.0 -658.0 -599.8 -945
Slide 18: Segment: Hemtex
Segment: Hemtex Hemtex (Amounts in NOK millions) Q3 2026 Q3 2025 Q1-Q3 2026 Q1-Q3 2025 FY 2025 Revenue 357.0 328.4 1,005.3 930.1 1,509.1 Revenue growth ¹ 17.0 % -1.8% 12.3 % 1.7 % 0.0 % LFL growth including online sales ¹ 16.6 % -5.3% 10.9 % 0.4 % -1.3% COGS -130.6 -124.7 -371.8 -356.8 -575.0 Gross
Slide 19: Income statement
Income statement (Amounts in NOK thousand) Q3 2026 Q3 2025 Q1-Q3 2026 Q1-Q3 2025 Revenue 1,012.7 902.0 2,727.9 2,492.1 COGS -382.3 -344.8 -1,029.8 -956.7 Gross profit 630.4 557.2 1,698.2 1,535.4 Gross margin (%) 62.3 % 61.8 % 62.3 % 61.6 % Other operating revenue 4.5 1.0 10.1 3.1 OPEX -351.4 -353.5
Slide 20: Statement of financial position
Statement of financial position (Amounts in NOK thousand) Note 30.09.2026 30.09.2025 31.12.2025 (Amounts in NOK thousand) Note 30.09.2026 30.09.2025 31.12.2025 Assets Unaudited Unaudited Audited Equity and liabilities Unaudited Unaudited Audited Goodwill 9 66,716 73,466 75,807 Trademark 9 1,511,124
Slide 21: Allocated segment costs
Allocated segment costs Total year Total year (MNOK) Q1 2026 Q1 2025 Q2 2026 Q2 2025 Q3 2026 Q3 2025 Q4 2026 Q4 2025 2026 2025 Kid ASA and Kid Interior Segment allocated employee 3.5 5.9 3.5 7.0 3.4 5.8 6.4 10.4 25.1 benefits expense Segment allocated other operating 4.3 2.8 4.4 2.8 5.6 2.8 4.1 14.2
Slide 22: Quarterly revenue growth
Quarterly revenue growth Group Kid Interior Hemtex Total growth Total growth Total growth Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 2021 10.4 % 3.9 % 3.6 % 2.5 % 2021 13.6 % 1.7 % -3.9 % -1.0 % 2021 6.4 % 7.7 % 17.4 % 9.0 % 2022 9.3 % 8.8 % 0.5 % 2.1 % 2022 12.5 % 8.9 % 1.4 % 2.3 % 2022 4.8
Slide 23: Sales days and stores
Sales days and stores Kid Interior Hemtex Number of sales days Number of sales days Year Q1 Q2 Q3 Q4 Total Year Q1 Q2 Q3 Q4 Total 2025 76 71 79 80 306 2025 89 90 92 91 362 2026 76 72 79 80 307 2026 89 90 92 91 362 Number of store projects Number of store projects 2025 Q1 Q2 Q3 Q4 Total 2025 Q1 Q2 Q3
Slide 24: Disclaimer
Disclaimer This presentation includes forward- By their nature, forward-looking looking statements which are based on statements involve known and our current expectations and unknown risks and uncertainties projections about future events. All because they relate to events and statements other than