Q2 2023 Kid ASA Earnings Call Transcript
Good morning, and welcome to this Kid Q2 presentation here from Arctic Securities. Today, we have the CEO, Anders, and the Company's new CFO, Mads, who will take us through the results. Before we start, I would just like to remind you that you may ask any questions you have on the chat function on the right-hand side of your screen. And with that, I'll give the word to you, Anders.
Thank you very much. Thank you very much. Good morning, everybody, for those of who at the webcast and for those of you present here at Arctic in Oslo.
We will kick off with the headlines, which we'll go deeper into during the presentation. We have experienced a challenging retail market, but improvement -- development during the quarter. Sales were slow in all markets during April and May, but picked up in June.
To sum it up, the group revenue decreased by 0.8% compared to a strong plus 8.8% last year. In constant currency, the revenue decreased by 2.5%, the like-for-like revenue
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