Nov 12, 2024 / 07:30AM GMT
Operator
Welcome to the presentation, the program team so that the room at A ese do PP room at A ese Do.
Anders Fjeld - Kid ASA - CEO
Thank you.
Good morning, everybody and welcome to this Q3 presentation for Kid ASA we have delivered what I would like to say, a good quarter where he delivers strong numbers, but hemp has a tougher time reaching the 5th year campaign last year.
But all in all we are satisfied. And together with the Mads Kigen, our CFO, we will give you more insight into sorry, key drivers and explanation behind the numbers for the quarter Q3 was another strong quarter for the kid group. And then we reached an all time high revenue of NOK886.9 million with notable growth in kids interiors standing out the revenue decline in Hemtex aligns with our expectations and previous communications mainly due to the extraordinary and text 50 years campaign last year which particularly impacted the driving traffic to physical stores and online.
The gross margin was flat compared to last year at 62.1 one of the strongest margins we have seen
Q3 2024 Kid ASA Earnings Call Transcript
Nov 12, 2024
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