Brief: XXL Q4 EBITDA Turns To Profit At NOK 18 Mln

Xxl AS

07/02/2025 06:04

Feb 7 (Reuters) - XXL ASA  XXL.OL :
    * Q4 OPERATING REVENUE NOK 2.0 BILLION VERSUS NOK 2.0
BILLION YEAR
AGO
    * Q4 EBITDA NOK 18 MILLION VERSUS LOSS NOK 13 MILLION YEAR
AGO
    * GOING INTO NEW YEAR, XXL HAS GENERATED GROWTH OF MORE THAN
4% IN
JANUARY 2025
    * OUTLOOK: JANUARY WAS CHARACTERIZED BY HIGH VOLATILITY
RELATED TO
"ON-AND-OFF" WINTER CONDITIONS
    * OUTLOOK: WILL SHORT TERM PRIORITIZE STRICT INVENTORY AND
LIQUIDITY MEASURES, WHICH CAN IMPACT AVAILABILITY OF PRODUCTS
AND REALIZED GROSS MARGIN SHORT- TO MID-TERM
    * OUTLOOK: CAPEX FOR XXL GROUP IN 2025 IS EXPECTED TO REMAIN
AT
AROUND NOK 100 MILLION
    * OUTLOOK: MID- TO LONG-TERM XXL CONTINUES TO EXPECT PACE OF
STORE
ROLL-OUT TO BE 2-3 NEW STORES PER YEAR INCLUDING RELOCATIONS OF
STORES
    * OUTLOOK: WILL BE DOWNSIZING SEVERAL EXISTING STORES

Source text:  ID:nObiSjT77a 
Further company coverage:  XXL.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))