Sports retailer XXL warns on profits, will raise cash

Xxl AS

21/12/2022 06:38

OSLO, Dec 21 (Reuters) - Norwegian sports retailer XXL
 XXL.OL  warned on Wednesday of weaker earnings margins and said
it will raise 500 million Norwegian crowns ($50.6 million) in
new equity, and plans to pull out of the Austrian market.
($1 = 9.8840 Norwegian crowns)
 (Reporting by Stine Jacobsen)
 ((stine.jacobsen@thomsonreuters.com; +45 21 56 90 10;))