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    XXL   NO0010716863

XXL ASA

(XXL)
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XXL : Authorities to temporarily close down retail trade in Austria

11/19/2021 | 04:53am EST

Oslo, Norway, 19 November 2021: Austrian authorities has today, with effect from Monday 22 November 2021, decided to temporarily close down retail trade other than food, pharmacies and other important supply functions in the country as a precautionary measure to contribute to limit the contagion of COVID-19. All retail trade, and consequently also the eight XXL stores in Austria, will be closed from Monday 22 November 2021. The temporarily close down of retail trade imposed by the Austrian authorities will last until 2 December 2021, but could be prolonged. XXL monitors the situation closely and will initiate several actions to reduce costs during this period. XXL will at all times follow the regulations imposed by the authorities. Updated information regarding our stores is available on https://www.xxlsports.at/store-finder

For further queries, please contact:

Press contact:

Andreas Nyheim

Tel: + 47 952 11 779

Email: presse@xxl.no

Investor Relations

Tolle O. R. Grøterud

Tel: +47 90 27 29 59

E-mail: ir@xxlasa.com

About XXL ASA XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL's concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

Disclaimer

XXL ASA published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 09:52:06 UTC.


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Sales 2021 9 784 M 1 118 M 1 118 M
Net income 2021 234 M 26,7 M 26,7 M
Net Debt 2021 3 122 M 357 M 357 M
P/E ratio 2021 14,7x
Yield 2021 16,6%
Capitalization 3 375 M 385 M 386 M
EV / Sales 2021 0,66x
EV / Sales 2022 0,60x
Nbr of Employees 5 363
Free-Float 46,4%
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Mean consensus BUY
Number of Analysts 3
Last Close Price 13,84 NOK
Average target price 20,00 NOK
Spread / Average Target 44,5%
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Managers and Directors
Pňl Wibe Chief Executive Officer
Stein Alexander Eriksen Chief Financial Officer
Hugo Lund Maurstad Chairman
Espen Terland Executive Vice President-Information Technology
Ulf Bjerknes Group Chief Operating Officer
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