Kid ASA (0RCW) Q2 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.157 Hello and welcome to this second quarter webcast for Kidd, 00:00:05.157 -- 00:00:10.744 hosted by Arctic Securities. With me today, I have CEO Marianne 00:00:10.744 -- 00:00:14.529 and CFO Mats. As usual, 00:00:14.529 -- 00:00:19.795 please submit any questions you have in the Q&A function on your webcast player, 00:00:19.795 -- 00:00:24.161 and we will address them after the presentation. 00:00:24.161 -- 00:00:28.163 So with that, I hand the word over to you guys. 00:00:28.926 -- 00:00:34.183 Thank you, Christian. Good morning everyone and welcome to our second quarter 00:00:34.183 -- 00:00:35.665 presentation. 00:00:35.665 -- 00:00:37.948 The quarter has delivered 00:00:37.948 -- 00:00:40.773 consistent revenue growth 00:00:40.773 -- 00:00:45.901 and an all time high revenue in second quarter, despite some 00:00:45.901 -- 00:00:52.167 operational challenges associated with the warehouse relocation. 00:00:52.190 -- 00:00:57.811 And we are pleased with the gross margin performance this quarter 00:00:57.811 -- 00:01:02.856 The growth is primarily driven by strong performance in Kidd 00:01:02.856 -- 00:01:05.139 Interior this quarter. 00:01:05.139 -- 00:01:10.804 And during the second quarter, we have launched a new, in my opinion, state-of-the-art 00:01:10.804 -- 00:01:15.990 centralized warehouse in Sweden, serving the entire group. 00:01:15.990 -- 00:01:21.916 This is a major project to carry out and is expected to have short-term impacts 00:01:21.916 -- 00:01:26.923 on operation and cost, But the new warehouse is a 00:01:26.923 -- 00:01:31.390 strategic investment for our future growth. 00:01:31.390 -- 00:01:36.620 Mats will provide with comments and details on the figures 00:01:36.620 -- 00:01:41.465 later in the presentation, s...