Kid ASA (0RCW) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a03fc6-7074-7c72-bd70-373a27e961f8 Created: 2026-08-26T20:32:46.696Z Duration: 1822.464 Channels: 1 00:00:00.000 -- 00:00:02.399 Good morning, everyone, and welcome to our presentation 00:00:02.399 -- 00:00:05.359 of second quarter. I'm Marianne Fulford, CEO at 00:00:05.359 -- 00:00:07.440 Kidd. And with me today, I have Mats 00:00:07.440 -- 00:00:10.080 Keegan, CFO at Kidd. And we will walk 00:00:10.080 -- 00:00:11.759 you through the presentation together. 00:00:13.215 -- 00:00:16.335 We delivered a solid second quarter, driven by 00:00:16.335 -- 00:00:20.335 strong development across both Kidd and HempTechs. 00:00:20.654 -- 00:00:23.935 We delivered strong sales growth across both online 00:00:23.935 -- 00:00:25.055 and physical stores. 00:00:25.830 -- 00:00:29.350 This despite a negative Easter calendar effect in 00:00:29.350 -- 00:00:30.070 Norway. 00:00:31.670 -- 00:00:34.470 Growth was driven by a highly commercial seasonal 00:00:34.470 -- 00:00:35.350 assortment 00:00:35.350 -- 00:00:37.830 and an increase in the number of transacting 00:00:37.830 -- 00:00:38.309 customers. 00:00:40.085 -- 00:00:43.365 The solid online growth continues through second quarter 00:00:43.365 -- 00:00:46.405 and online revenues increased significantly. 00:00:47.845 -- 00:00:50.725 Online growth was driven by positive development across 00:00:50.725 -- 00:00:52.485 both Kid and HempTechs. 00:00:53.470 -- 00:00:56.750 We also delivered a solid growth in EBITDA 00:00:56.830 -- 00:00:59.550 and a strong gross margin in the quarter. 00:01:00.510 -- 00:01:01.230 Overall, 00:01:01.390 -- 00:01:03.710 costs were in line with our expectations. 00:01:04.110 -- 00:01:06.430 As the business grew, we continued to invest 00:01:06.430 ...