Financial reporting

XXL promises Ebitda improvements amid cost-cutting

By 2024-02-09T07:01:00

xxl-asa

Norwegian retailer XXL ASA, in reporting weak Q4 and FY 2023 results, said it will continue to implement its “Reset & Rethink” strategy this year to deliver Ebitda improvement of 500-750 million Norwegian kroner (€43.9–65.8m) over the next 12 to 18 months. The effort will focus on a continued consolidation ...

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