Q3 2020 XXL ASA Earnings Call Transcript

Oct 27, 2020 / 07:30AM GMT
Tolle O. Grøterud -

Good morning, ladies and gentlemen, and welcome to the third quarter results presentation. My name is Tolle Grøterud, and I have the pleasure of guiding you through today's presentation. Our CEO, Pål Wibe; and our CFO, Stein Eriksen, will take you through the results and key drivers, then followed by a Q&A session. And for media, there will be an opportunity to perform separate interviews after the presentation and then using the digital channels. So please direct your request to our press contact.

So without further introductions, I turn the floor over to you, PÃ¥l.

¥l Wibe - XXL ASA - Group CEO

Thank you, Tolle. It's a pleasure, of course, to present the third quarter results of XXL. The key message today is that we delivered a fantastic quarter. It's not every quarter that you can say that we are doubling the EBITDA in the quarter. So that's a great team effort, great results from everybody. The main drivers are, of course, a very good sales growth. It could have been even better if we had enough

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