Oct 23, 2019 / 06:30AM GMT
Tolle O. R. Grøterud - XXL ASA - Interim CEO and Strategy & IR Director
Good morning, ladies and gentlemen, and welcome to the results presentation of the third quarter 2019 for XXL ASA. My name is Tolle Grøterud, and I'm the Interim CEO. And first, I will take you through an operational update, including a brief session on the ongoing strategy plans; and then our CFO, Stein Eriksen, will take us through the financial update, followed by a Q&A session; and our Chairman, Ãivind Tidemandsen, will also participate. For media, there will be an opportunity to perform separate interviews after the presentation.
So let me first start off by saying that we are disappointed about the third quarter results, especially the sales trend in Norway. We are pleased with the commitments from the shareholders regarding new capital, and we find the solution the best for the company at the current state, and we hope for support at the EGM on 6th of November. But going forward, it will be crucial for XXL to succeed on delivering on balance sheet improvements through operational performance
Q3 2019 XXL ASA Earnings Call Transcript
Feb 15, 2024
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