Slide 1: Q2 2026 presentation
Kid ASA – Q2 presentation Kid ASA: Quarterly Report 11 Q2 2026 presentation
Slide 2: Second quarter in brief: Financial summary
Second quarter in brief Financial summary • Revenues for the Group increased by 6.8% to MNOK 914.8 (9.1% in constant currency), supported by strong seasonal assortments and solid LFL sales growth • Gross margin increased to 63.2% (62.3%), reflecting favourable freight costs, currency effects and pro
Slide 3: Second quarter in brief: Operational summary
Second quarter in brief Operational summary • Robust revenue growth despite negative Easter timing effects • Category development continues to support growth • Solid growth across major categories – alongside continued positive development in new categories • Selected permanent low-price products su
Slide 4: Second quarter in brief: Operational summary
Second quarter in brief Operational summary • Warehouse operations stable and product availability high. Efficiency improving. Further gains expected as system replacements progress • System modernisation on track, with POS rollout completed • Online launch completed in Germany during the quarter •
Slide 5: Modernising system portfolio, progressing according to plan
Modernising system portfolio, progressing according to plan Step 1 • Major system renewal largely completed across logistics, sourcing, supply chain and store operations • POS rollout completed across both Kid Interior and Hemtex during the quarter • Workforce management solutions now implemented an
Slide 6: Financials
Financial Financials Operational summary
Slide 7: Revenues
REVENUES Revenues MNOK 1,452 579 915 902 856 Group revenues increased by 6.8% to MNOK 914.8 in Q2 734 800 341 328 320 308 281 • In constant currency: 874 493 536 574 574 452 • Group revenue increase of 9.1% (+5.0%) - - • Group like-for-like revenues increase of 8.3% (+4.6%) including Online sales 20
Slide 8: Gross margin
Gross margin Robust gross margin for second quarter • Group gross margin increased by 0.9pp to 63.2% in the second quarter GROUP GROSS MARGIN % • Kid Interior gross margin increased by 0.6pp to 63.0% (62.4%) • Hemtex gross margin increased by 1.3pp to 63.6% (62.3%) 63.2 % 62.3 % 62.2 % 61.8 % 61.5 %
Slide 9: OPEX
OPEX MNOK 451 OPEX 330 358 346 365 353 233 157 147 165 170 138 OPEX-TO-SALES (excl. IFRS 16) of 52.6% (53.7%) • Employee benefit expenses increased by MNOK 5.8 in constant currency 192 201 199 200 183 218 • Salary increases and higher working hours in larger and new stores 2025 2026 2025 2026 2025 2
Slide 10: EBITDA
EBITDA MNOK 440 174 218 205 189 66 59 133 56 115 266 34 42 133 152 146 82 91 2025 2026 2025 2026 2025 2026 2025 2026 Q1 Q2 Q3 Q4 Kid Interior Hemtex 10 Kid ASA – Q2 presentation
Slide 11: Cash flow
Cash flow MNOK Strong cash flow development • Cash flow from operations • Positive effect from inventory in Q2-26 - 50 • Positive effect from other provisions, offset by negative effect from trade creditors • Cash flow from investments 209 - 99 • Investments related to new stores, store projects and
Slide 12: Cash and credit facilities
Cash and credit facilities MNOK 1,400.0 318.8 Satisfactory financial position 100.0 100.0 118.8 300.0 1,081.2 100.0 • Cash and available credit facilities of MNOK 318.8 - 100.0 181.2 (MNOK 265.0) at quarter-end 300.0 300.0 • Additional committed revolving credit facility of MNOK 100 secured • Net in
Slide 13: Store Portfolio Financials and Outlook
Financial Store Portfolio Financials and Outlook Operational summary 13 Kid ASA – Q1 presentation
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: Krøgenes, Arendal NO: Nationaltheateret, Oslo (Q4-26) New stores NO: Laksevåg, Bergen NO: Tangvall Arena, Søgne (Q4-26) SE: Mölndal Centrum 104* NO: Glasshuset, Bodø SE:
Slide 15: Outlook
Outlook • Continued operational efficiency improvements in warehouse operations • Focus on securing a long-term solution for the Norwegian warehouse facility • Modernising system platform according to plan • Freight market developments monitored closely • Executing a strong Autumn and Christmas seas
Slide 16: Q&A
Q&A
Slide 17: Segment: Kid Interior
Segment: Kid Interior KID Interior (Amounts in NOK millions) Q2 2026 Q2 2025 H1 2026 H1 2025 FY 2025 Revenue 574.3 535.9 1,066.9 988.3 2,435.5 Revenue growth 7.1 % 7.1 % 8.0 % 5.4 % 4.2 % LFL growth including online sales 6.7 % 5.7 % 7.0 % 3.9 % 3.1 % COGS -212.6 -201.8 -406.3 -379.8 -945.2 Gross pr
Slide 18: Segment: Hemtex
Segment: Hemtex Hemtex (Amounts in NOK millions) Q2 2026 Q2 2025 H1 2026 H1 2025 FY 2025 Revenue 340.5 320.4 648.3 601.7 1,509.1 Revenue growth ¹ 12.5 % 1.7 % 9.7 % 3.7 % 0.0 % LFL growth including online sales ¹ 11.4 % 2.7 % 7.9 % 3.7 % -1.3% COGS -124.0 -120.8 -241.2 -232.1 -575.0 Gross profit 216
Slide 19: Income statement
Income statement (Amounts in NOK thousand) Q2 2026 Q2 2025 H1 2026 H1 2025 FY 2025 Revenue 914.8 856.4 1,715.3 1,590.1 3,944.6 COGS -336.6 -322.5 -647.5 -611.9 -1,520.3 Gross profit 578.2 533.8 1,067.7 978.1 2,424.3 Gross margin (%) 63.2 % 62.3 % 62.2 % 61.5 % 61.5 % Other operating revenue 4.2 1.3
Slide 20: Statement of financial position
Statement of financial position (Amounts in NOK thousand) Note 30.06.2026 30.06.2025 31.12.2025 (Amounts in NOK thousand) Note 30.06.2026 30.06.2025 31.12.2025 Assets Unaudited Unaudited Audited Equity and liabilities Unaudited Unaudited Audited Goodwill 9 70,671 73,542 75,807 Trademark 9 1,514,204
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 5.8 6.4 6.9 25.1 benefits expense Segment allocated other operating 4.3 2.8 4.4 2.8 2.8 4.1 8.6 12.6 expe
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