Q2 2024 Kid ASA Earnings Call Transcript

Author's Avatar
Aug 22, 2024

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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot