Aug 22, 2024 / 06:30AM GMT
Hanriette Trondsen - Artic Securities - Investor Relations
Good morning and welcome to the second-quarter presentation for Kid. My name is Hanriette Trondsen, covering the consumer and some retail companies in Arctic. And with me, I have the CEO of Kid, Anders Fjeld, and CFO, Mads Kigen, which will take you through the presentation. (Event Instructions) Anders?
Anders Fjeld - Kid ASA - Chief Executive Officer
Yes, Hanriette. And everybody, good morning, and welcome to this presentation for our second quarter.
We are satisfied to present the fourth consecutive quarter with double-digit growth. The growth is attributed to continuously category and omnichannel development as well as project initiatives. This project involves refurbishment, relocation, and/or expansions of already existing stores. In Q2, we reached an all-time high revenue of NOK797.8 million.
In the first half of '24, we experienced a revenue growth of 12.4% compared to last year. Note that the first half of '23 was weak compared to '22 with a revenue decrease of 0.4%. The second
Q2 2024 Kid ASA Earnings Call Transcript
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