Slide 1: Kid ASA – Q2 presentation
Kid ASA – Q4 presentation 1
Slide 2: Second quarter in brief
Second quarter in brief • Group revenues increased by 7.3% (+10.2%) to MNOK 856.4. In constant currency: • Group revenues increased by 5.0% (+10.6%) • LFL revenues increased by 4.6% (+9.2%) • Online revenues increased by 5.9% (+9.8%) • Gross margin decreased by 0.9 percentage points to 62.3% (63.2%)
Slide 3: New central warehouse for the Kid Group
• Following the acquisition of Hemtex in 2019, The Kid Group has been operating with two distinct warehouse and logistical setups; One serving Norway, and one serving Sweden, Finland and Estonia • To capitalise upon operational synergies and enhance efficiency, it was in 2023 decided to expand the f
Slide 4: Second quarter in brief
Second quarter in brief • Categories launched since 2022 accounted for MNOK 25.0 (MNOK 22.5) in revenues • Revenues were positively impacted by the timing of Easter and strong seasonal product sales compared to last year, partially offset by fewer shopping days in the Norwegian market • Opened four
Slide 5: Group revenues Q2 increased by 7.3% to MNOK 856.4
1,404 567 Group revenues Q2 increased by 7.3% to MNOK 856.4 798 856 887 696 734 320 324 297 281 • In constant currency: 259 836 500 536 563 • Group revenues increase of 5.0% (+10.6%) 438 452 • Group like-for-like revenues increase of 4.6% (+9.2%) including online sales 2024 2025 2024 2025 2024 2025
Slide 6: Robust gross margin impacted by higher share of freight
Robust gross margin impacted by higher share of freight • Group gross margin was 62.3% for the quarter • Kid Interior gross margin decreased by -0.9pp to 62.4% (63.3%) • Hemtex gross margin decreased by -0.9pp to 62.3% (63.2%) 63.2 % 62.4 % 62.3 % 62.1 % 61.5 % 61.5 % 61.2 % 60.6 % • The reduction i
Slide 7: OPEX-to-sales (excl. IFRS 16) of 53.7% (50.7%)
395 330 346 305 304 316 159 138 147 126 125 127 OPEX-TO-SALES (excl. IFRS 16) of 53.7% (50.7%) • Employee benefit expenses increased by MNOK 19.1 179 192 180 199 188 236 • General salary increase and increased number of working hours in stores, in addition to net new stores 2024 2025 2024 2025 2024
Slide 8: EBITDA by quarter and segment
465 177 236 202 189 76 115 55 56 125 288 33 34 146 133 160 92 82 2024 2025 2024 2025 2024 2025 2024 2025 Q1 Q2 Q3 Q4 Kid Interior Hemtex 8 Kid ASA – Q2 presentation
Slide 9: Cash flow development in Q2
Cash flow development in Q2 • Cash flow from operations was positive by MNOK 105.4 due to effects from working capital changes • Positive effect from inventory in Q2-25 • Positive effect from change in trade payable - 203 105 - 98 • Cash flow from investments reflects mainly CAPEX relating 314 to st
Slide 10: Robust financial position
Robust financial position • Cash and available credit facilities of MNOK 1,230.0 265.5 117.2 265.5 (MNOK 357.5), including an unused term-loan 300.0 964.5 148.3 facility of MNOK 148 182.8 300.0 • Net interest-bearing debt excl. IFRS 16 leasing liabilities 300.0 of MNOK 964.7 (MNOK 756.0) 630.0 481.7
Slide 11: Store projects completed and planned 2025
282* Completed 2025 per quarter-end Signed, but not yet completed NO: Grünerløkka, Oslo SE: Hansa, Malmö NO: Bryn, Oslo (Q3-25) New stores FI: Matkus, Kuopio NO: Otta (Q4-25) FI: Sello, Helsinki SE: Mölndal Centrum, Göteborg (Q1-26) 105* FI: Mall of Tripla, Helsinki Closures NO: 1 store (Q3 25) 11 N
Slide 12: Outlook and H2-25 plans
• In H2-25, we have planned five store projects in Kid Interior and three in Hemtex. These projects include a combination of refurbishment, enlargement and relocation. In addition, two Extended stores—one in Norway and one in Sweden—are scheduled to open • Digital pilot of launching the Hemtex brand
Slide 13: Appendix
Kid ASA – Q4 presentation 13
Slide 14: KID Interior
KID Interior (Amounts in NOK millions) Q2 2025 Q2 2024 H1 2025 H1 2024 FY 2024 Revenue 535.9 500.4 988.3 938.1 2,337.5 Revenue growth 7.1 % 11.0 % 5.4 % 12.1 % 10.1 % LFL growth including online sales 5.7 % 9.5 % 3.9 % 11.1 % 8.5 % COGS -201.8 -183.8 -379.8 -352.1 -892.3 Gross profit 334.2 316.6 608
Slide 15: Hemtex
Hemtex (Amounts in NOK millions) Q2 2025 Q2 2024 H1 2025 H1 2024 FY 2024 Revenue 320.4 297.4 601.7 556.2 1,447.5 Revenue growth ¹ 1.7 % 9.9 % 3.7 % 11.9 % 9.9 % LFL growth including online sales ¹ 2.7 % 8.7 % 3.7 % 11.6 % 9.3 % COGS -120.8 -109.6 -232.1 -209.5 -550.9 Gross profit 199.6 187.8 369.6 3
Slide 16: Group income statement
(Amounts in NOK thousand) Q2 2025 Q2 2024 H1 2025 H1 2024 FY 2024 Revenue 856.4 797.8 1,590.1 1,494.3 3,784.9 COGS -322.5 -293.4 -611.9 -561.6 -1,443.2 Gross profit 533.8 504.5 978.1 932.7 2,341.7 Gross margin (%) 62.3 % 63.2 % 61.5 % 62.4 % 61.9 % Other operating revenue 1.3 1.3 2.2 2.2 4.8 OPEX -3
Slide 17: Group balance sheet
(Amounts in NOK thousand) Note 30.06.2025 30.06.2024 31.12.2024 Assets Unaudited Unaudited Audited (Amounts in NOK thousand) Note 30.06.2025 30.06.2024 31.12.2024 Goodwill 9 73,542 69,497 71,298 Equity and liabilities Unaudited Unaudited Audited Trademark 9 1,516,460 1,513,331 1,514,724 Other intang
Slide 18: Segment allocated costs
Total year Total year (MNOK) Q1 2025 Q1 2024 Q2 2025 Q2 2024 Q3 2025 Q3 2024 Q4 2025 Q4 2024 2025 2024 Kid ASA and Kid Interior Segment allocated employee 5.9 4.0 7.0 4.3 4.3 11.1 12.9 23.7 benefits expense Segment allocated other operating 2.8 1.2 2.8 1.3 1.3 1.1 5.6 4.9 expense Hemtex Segment allo
Slide 19: Total and like-for-like growth by segment
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 % 8.8 % -1.0 % 1.7 % 202
Slide 20: Sales days and store projects
Kid Interior Hemtex Number of sales days Number of sales days Year Q1 Q2 Q3 Q4 Total Year Q1 Q2 Q3 Q4 Total 2024 75 73 79 80 307 2024 90 90 92 91 363 2025 76 71 79 80 306 2025 89 90 92 91 362 Number of store projects Number of store projects 2024 Q1 Q2 Q3 Q4 Total 2024 Q1 Q2 Q3 Q4 Total New stores 1