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Kid ASA Achieves Steady Growth Amidst Mixed Segment Results

Kid ASA (DE:97Q) has released an update.

Kid ASA reports a 4.4% increase in Q3 revenues for 2024, with a notable 8.7% growth in the KID INTERIOR segment, while HEMTEX faced a 2.3% decline. The overall online sales for KID INTERIOR rose by 17.6%, despite a slight decrease in online sales as a proportion of total revenues. The company maintained a stable number of physical stores, with minor changes in locations.

For further insights into DE:97Q stock, check out TipRanks’ Stock Analysis page.

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