GOODBABY INTL(01086) first quarter revenue increased by 6.4% year-on-year to approximately 2.066 billion Hong Kong dollars.

GOODBABY INTL (01086) announced that based on the unaudited consolidated management accounts for the three months ended on March 31, 2026, the Group's revenue increased by approximately 6.4% to around HK$2.066 billion compared to the corresponding period in 2025, which recorded revenue of about HK$2.035 billion. The exchange rates during this period fluctuated compared to the corresponding period in 2025, especially the exchange rates of the Chinese yuan and the Euro against the Hong Kong dollar. These fluctuations resulted in differences in the revenue changes calculated in the original currency and the reported currency of the Group due to currency translation effects. Calculated in constant currency terms, the Group's revenue for this period decreased by 0.9% compared to the corresponding period in 2025. During this reporting period, amid intensified macroeconomic fluctuations and increased uncertainties, the Group achieved robust revenue performance, growing by 6.4% (a decrease of 0.9% in constant currency terms) compared to the same period in 2025: CYBEX continued to grow based on its strong business development momentum, increasing market share in various markets and product categories in a challenging environment; Evenflo achieved positive revenue growth, benefiting from strong performance in strollers and home categories which offset the decline in the safety seat category, mainly due to inventory adjustments in major channels, while brand market share in that category continued to increase steadily; gb's revenue decline was mainly from non-durable goods categories, as the brand continued to focus on the development of core durable goods categories, with strong performance in durable goods safety seats partially offsetting the aforementioned decline; Blue-chip businesses experienced a slight downturn in 2025 due to high base numbers from early concentrated orders from customers; The Group continued to provide efficient, high-quality, and timely services to its blue-chip clients. The Group continued to steadfastly implement its long-term strategy of globalization and multi-brand operation, steadily developing to consolidate its leading position in the children's products brand industry: CYBEX further strengthened its leadership position as a global leading high-end "technology-lifestyle" brand, continuously increasing market share; Evenflo's business operations steadily recovered, further consolidating its position as a top brand in the North American market; gb continued to drive business transformation, focusing on core categories and maintaining a leading position in the Chinese market with a strong brand reputation. Leveraging an omnichannel sales network to operate all brands, the Group continuously deepened its global strategy to provide products and services to consumers in over 110 countries and regions. We integrated a diversified manufacturing and operational services platform to continuously support the development of the Group's own brands and blue-chip businesses, building a strong competitive advantage for the Group. The fundamentals of the Group are continuously strengthened. Looking ahead to the remaining period of the year, heightened geopolitical tensions, leading to high inflation, rising raw material costs, unfavorable exchange rate fluctuations, weakening consumer confidence, and logistical disruptions, among other factors, are expected to pose continued challenges in the macroeconomic environment, with persistent downside risks. We anticipate that these risks will put pressure on the Group's performance, and we will adhere to the established strategies of the Group, advancing established plans and operational deployments cautiously and prudently. With a solid foundation of operational fundamentals, as a globally leading children's products brand company, we are confident in the long-term sustainable development of the Group's business.