Oslo, 16 June 2020 - Sales in the second quarter have been unusually strong for
Kid, as customers seem to have prioritised home textiles and accessories
following the COVID-19 outbreak. During the second quarter, Kid has seen solid
growth across all categories.
As of 15 June, Q2 2020 revenues for Kid Interior and Hemtex[1] are up by 26% and
12% respectively[1]. For the Kid Group, sales increased by 20%.
Kid will report Q2 2020 revenues on 7 July 2020 (previously 8 July), and the
full quarterly report on 20 August 2020.
For further queries, please contact:
Eystein Lund, CFO Kid ASA, +47 906 02 127
Anders Fjeld, CEO Kid ASA, +47 996 32 121
[1] Hemtex comparable figures included on a proforma basis. Hemtex was acquired
on 15 May 2019.