Kid ASA-Q2’26 sales update – 1.3% above consensus-07/08/2026

研报英文原文证据摘录

Kid ASA-Q2’26 sales update – 1.3% above consensus-07/08/2026

Kid ASA

NEWSFLASH | 8 JUL 2026

Q2’26 sales update – 1.3% above consensus

Kid reported Q2 revenue of NOK 915m, up 6.8% y/y (+9.1% in constant currency/+8.3% LFL), 0.6/1.3% above PAS/cons. All

else equal, this implies Q2'26 EBIT of NOK 85m vs PAS/cons. at NOK 82/77m, assuming a gross margin of 62.9% (up 0.6pp

y/y). LFL growth was strong across both markets at 6.7/11.4% in Kid Interior/Hemtex. Online sales also continued to

contribute strongly (+48.7/36.4% y/y in Kid Interior/Hemtex), accounting for 15.9% of group revenue in the quarter. We

currently have a Hold recommendation and a TP of NOK 125 for Kid.

Deviation table (revenues reported, all else equal basis on other figures)

Cons. PAS old Deviation

KID NOKm Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26e Q3'26e Q4'26e Q2'26e Q2'26e Cons. PAS

P&L

Revenues " 734 856 902 1,453 801 915 992 1,566 903 910 1.3% 0.6%

Gross profit " 444 534 557 889 490 576 619 968 567 573 1.5% 0.6%

EBITDA " 115 189 205 440 133 225 264 506 219 222 2.9% 1.4%

EBIT " (16) 34 73 304 (11) 85 122 363 77 82 3.9%

Pre-tax profit " (38) (4) 49 281 (47) 58 97 337 42 55 5.9%

Net profit " (30) (3) 40 222 (39) 46 77 267 33 43 5.9%

Revenue per segment NOKm

Kid Norway " 452 536 574 874 493 574 634 952 485 576 1.6% -0.2%

Hemtex " 281 320 328 579 308 341 355 612 308 331 -0.1% 2.8%

Per share

EPS NOK (0.74) (0.07) 0.98 5.47 (0.96) 1.12 1.89 6.56 (0.53) 1.06

Key ratios

Revenue growth y/y % 5.3 7.3 1.5 3.5 9.1 6.8 10.0 7.8 5.4 6.2

Gross margin " 60.6 62.3 61.8 61.2 61.2 62.9 62.4 61.8 62.8 62.9

EBITDA margin " 15.7 22.0 22.7 30.3 16.5 24.6 26.6 32.3 24.3 24.4

EBIT margin " (2.2) 3.9 8.1 20.9 (1.4) 9.3 12.3 23.2 8.5 9.0

LFL growth y/y " 2.9 4.6 (1.6) 0.9 6.1 8.3 9.2 7.4 5.9