Mentioning a “strong” spring/summer season for sports retail in the Nordic markets following the Covid-19 situation, XXL ASA said it now expects an increase in its revenues of 25 to 30 percent for the second quarter ending on June 30, as compared to the year-ago period, which could generate an Ebitda margin of 12.5 to 13.5 percent. The leading sporting goods retailer in the Nordics said it is experiencing solid growth on a comparable basis in all the markets, but cautioned that the last two weeks of June may change its forecasts as they are important sales weeks for the group. XXL will present the actual figures for the quarter on July 16. XXL had already indicated that its sales had “normalized” in April, after a big drop due to the coronavirus pandemic in March. The company reported a sales increase of 7.4 percent for the first quarter, largely helped by a big stock clearance problem that began in February. According to a local expert, cycling, running, outdoor activities and watersports have enjoyed particularly strong growth after the fear of infection subsided.