Business
Kid ASA - First Quarter 2026 Results
Kid ASA - First Quarter 2026
About this update from Kid Asa
Lier, 13 May 2026 : Kid Group , a leading home and interior retailer in the Nordics, announces its financial results for the first quarter of 2026. HIGHLIGHTS FOR THE QUARTER INCLUDE: Revenues for the Group increased by 9.1% to MNOK 800.5, driven by seasonal assortments and strong Online revenue development Gross margin increased to 61.2% OPEX increased by 8.6%, impacted by new stores, project activity, earlier distribution of spring and summer assortments and currency EBITDA increased by MNOK 17.3 to MNOK 132.7 " Kid Group delivered solid revenue growth in the first quarter, driven by strong digital sales and good store performance in Norway . Category development was strong, supported by seasonal execution and improved in-store presentation. Warehouse operations in Sweden reached normalised capacity, with improved efficiency throughout the quarter" says Marianne Fulford , CEO of Kid ASA . The results will be presented in English at 08:30 CEST by CEO Marianne Fulford and CFO Mads Kigen as a live webcast. A recorded version of the webcast will be made available at http://investor.kid.no . Please join the webcast at the following link: https://qcnl.tv/p/lj_9iomE3Vat_CzBgwsqmA The quarterly report and presentation material will be available on http://investor.kid.no and http://newsweb.no . ENQUIRIES: Marianne Fulford , CEO, Kid ASA , +47 976 85 308, [email protected] Mads Kigen , CFO, Kid ASA , +47 952 60 507, [email protected] DISCLOSURE REGULATION: This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. https://news.cision.com/kid-asa/r/kid-asa---first-quarter-2026-results,c4348022 https://mb.cision.com/Main/15074/4348022/4091178.pdf https://mb.cision.com/Public/15074/4348022/a3c5fcdf8c0e9da1.pdf https://mb.cision.com/Public/15074/4348022/9cbb97286abadaf8.pdf (c) 2026 Cision. All rights reserved., source Press Releases - English