Kid ASA hits record revenue despite profitability challenges

Kid ASA reported record Q2 2025 revenues of MNOK 856.4, up 7.3%, driven by strong performance in Kid Interior. However, gross margin declined 0.9 percentage points to 62.3% due to higher freight costs.

Operating expenses rose 13.7%, impacted by warehouse transition and currency effects, leading to EBITDA falling MNOK 12.4 to MNOK 189.1.

Net income was hit by non-recurring items including MNOK 25.0 impairment on the Norwegian warehouse's right-of-use asset and MNOK 8.8 in finance costs. The company opened four new stores during the quarter.