Brief: XXL Expects EBITDA Uplift Of NOK 500-750 Mln During Next 12-15 Months
24/04/2024 06:21
April 24 (Reuters) - XXL ASA XXL.OL :
* OUTLOOK: FIVE MUST WIN BATTLES ARE EXPECTED TO DELIVER AN
EBITDA
UPLIFT OF NOK 500-750 MILLION DURING NEXT 12-15 MONTHS
* OUTLOOK: TOTAL CAPEX FOR XXL GROUP IN 2024 IS EXPECTED TO
REMAIN
MODEST AT AROUND NOK 100-150 MILLION
* HAS THUS FAR NO NEW STORE OPENINGS SIGNED IN 2024
* DECLINE IN COMPARABLE YEAR OVER YEAR SALES VOLUME FOR XXL
WAS
ALSO IMPACTED BY EXTRAORDINARY CLEARANCE CAMPAIGN IN Q1 LAST
YEAR
Source text for Eikon: ID:nObizdrBMa
Further company coverage: XXL.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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