Apr 24, 2019 / 06:30AM GMT
Tolle O. R. Grøterud - XXL ASA - Interim CEO
Good morning, ladies and gentlemen, and welcome to this results presentation of the first quarter 2019 for XXL ASA. My name is Tolle Grøterud, and I'll have the pleasure of guiding you through today's presentation. With me today is the CFO, Stein Eriksen, who will later on present the financials.
We will end the presentation with a Q&A session. Our Chairman, Ãivind Tidemandsen, will also participate in the Q&A. For media, there will be an opportunity to perform separate interviews after the presentation as well.
Overall, we are delivering satisfying results in the first quarter with a revenue decline of 3% year-over-year, but compensated via growth in EBITDA of 7%. This is before the positive effects on EBITDA from the implementation of IFRS 16. All figures I will present will be excluding the IFRS 16 effects, and Stein will outline the details concerning the IFRS later on.
After the disappointing Q4 results, we have worked a lot on improving relevant routines and changed focus from few top line driven
Q1 2019 XXL ASA Earnings Call Transcript
Feb 15, 2024
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