XXL (XXL) ⚽

[Scuba]

Vi venter vel også på utbytte info. På tide at de kommer på banen med hva fremtiden bringer av utbytte. At de er utsolgt for mange varer er ikke bra, og håper de får på plass med varer utover sommeren/ høsten. Og at Østerrike overrasket positivt for en hangs skyld.

[TekBot]

Flag notification – XXL ASA

On behalf of our client, Arctic Funds Plc., we notify that the ownership share has increased from 4.98% to 5.02% after 100 000 shares was bought 29/06/2021 based on a total of 252 436 658 shares outstanding.
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Kilde

[TekBot]

XXL ASA – Invitation to presentation of the second quarter and first half 2021 results

XXL ASA will release its second quarter and first half 2021 results on Thursday 15 July 2021. The financial report and presentation material will be available on www.xxlasa.com from 07:00 CET.

The results will be presented at 08:00 CET by CEO Pål Wibe and CFO Stein Eriksen. The presentation will be held in English and will be webcasted at www.xxlasa.com.
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The presentation will be conducted only as a webcast.

Registration - Click this link to register for the conference

(https://event.loopup.com/SelfRegistration/registration.aspx?booking=lTjnxGoFD1CKisHrrURalFzE2LEU4PrwyIZD2H4bPq4=&b=8ef97267-f980-4869-8fb4-9efec2c17aac)

A replay will be available on www.xxlasa.com soon after the live presentation.

For the press there will be an opportunity to perform separate interviews after the live presentation. Please direct your interest to presse@xxl.no by 08:00 CET on 15 July 2021.

Subscribe for press releases at Subscribe | XXL ASA

Best regards

Tolle Grøterud
Investor Relations
XXL ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About XXL ASA
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

Kilde

[he67]

Xxl er nok et godt bet før 15 juli. Se hvordan aksjen har gått dagene før de tre siste kvartalsrapportene.

[Dunkel]

Investment case

XXL’s results have improved considerably, with gross margins exceeding 40% for
the past three quarters. We are increasingly confident that the company can
stabilise its margins within the guided 39-40% range, thanks to an improved
inventory situation and a healthier competitive environment in the sporting
goods industry.
We also believe XXL’s strategic initiatives will strengthen its
product assortment and improve the online and in-store experiences, thereby
strengthening its market position. While
we expect XXL’s growth in Norway to
slow when the economy reopens, we
believe this will be largely offset by

recoveries in Austria, Finland, and Sweden which have not seen similar boosts
related to COVID-19.
Based on 7x 2022E
EBITDA, we estimate considerable
upside, which we find attractive given
the company’s solid prospects, strong
balance sheet and a likely reinstatement of dividend payments.

We do not make any major estimatechanges ahead of the Q2 report.
We reiterate our Buy recommendation and NOK 25 target price,

Nordea…

[TekBot]

XXL ASA - Solid results despite closed stores and product availability

Oslo, 15 July 2021: Several temporarily store closures and delayed delivery of incoming goods hampered sales in the quarter and total operating revenue ended at NOK 2.4 billion (NOK 2.9 billion). XXL is not satisfied with the sales and market share development and will sharpen campaign activities going forward. However lost sales in the quarter were compensated through improved gross margins and good cost control, delivering a solid EBITDA of NOK 392 million (NOK 404 million).

Highlights from the quarter:
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• Operating revenue of NOK 2 420 million (NOK 2 865 million) – deviation from last year mainly explained by store closures and product availability
• Strong gross margin of 41.8 per cent (37.0 per cent)
• EBITDA of NOK 392 million (NOK 404 million)
• Refinancing of the Group and returning to dividend distribution

CEO Pål Wibe says:

• It has been an extraordinary quarter. We started the quarter with 20 of 37 stores closed in Norway. We have also suffered from severe challenges in the bike market, with delays both in bike production and the freight market. These disruptions have been due to the pandemic.
• We are not satisfied with the recent sales and market share development, but we still deliver solid results close to record-levels. We have also completed several strategic projects to position XXL as a destination for the sports and outdoor enthusiasts. We are well prepared for the future.
• We see that many customers will stay at home also this summer, with watersports and outdoor being two of the most popular summer categories, and watersports and racket sports growing the most.

In the quarter XXL has implemented several projects including roll-out of RFID, electronic price labels, modernized brand platform and new store layouts towards the customers. XXL works on other strategic initiatives to increase operational efficiency that over time should contribute to increasing market shares, strengthening the E-commerce channel, and stabilizing the gross margins.

XXL has refinanced the Group, providing total bank loan facilities of NOK 1.8 billion at improved terms, giving increased flexibility and the ability to return to dividend distribution. The Board of Directors propose an extraordinary dividend of NOK 500 million to be paid out during H2 2021.

Outlook
XXL’s target and goal going forward is to over time gain market shares in all markets, and continue the growth in the E-commerce channel.

XXL targets to stabilize the gross margin above 39 per cent.

In line with the existing strategy, XXL will continue to invest in operational efficiency, selective new store openings, E-commerce platform, existing stores, infrastructure and IT. Total CAPEX for XXL Group in 2021 is expected to be around NOK 250-300 million.

Going forward XXL expects the pace of the store roll-out to be 3-5 new stores per year. XXL has signed 2 new lease agreements for store openings in 2021 where of 1 in Sweden and 1 in Austria. At the same time XXL will be downsizing several existing stores.

For further information please find attached the quarterly report and the presentation material. For APMs please see the quarterly report for further definitions and reconciliations.

The results will be presented at 08:00 CET by CEO Pål Wibe and CFO Stein Eriksen. The presentation will be held in English and will be webcasted at www.xxlasa.com. The presentation will be conducted only as a webcast.

For further queries, please contact:
Investor Relations:
Tolle O. R. Grøterud
Phone: +47 90 27 29 59
E-mail: ir@xxlasa.com

Press contact:
Andreas Nyheim
Phone: + 47 952 11 779
Email: presse@xxl.no

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About XXL ASA
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

Kilde

[TekBot]

XXL ASA - Key information relating to the proposed cash dividend by XXL ASA

The Board of Directors of XXL ASA proposes a total extraordinary dividend of NOK 1.98 per share to an Extraordinary General Meeting to be held on 16 September 2021.

The dividend will be split into two tranches of NOK 0.99 per share to be paid in September and December 2021, respectively. The total extraordinary dividends is NOK 500 million. The two tranches will have separate ex. dividend and record dates.
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September 2021 tranche:
Dividend amount: NOK 0.99 per share
Declared currency: NOK
Last day including right: 16 September 2021
Ex-date: 17 September 2021
Record date: 20 September 2021
Payment date: 23 September 2021
Date of approval: 16 September 2021

December 2021 tranche:
Dividend amount: NOK 0.99 per share
Declared currency: NOK
Last day including right: 15 December 2021
Ex-date: 16 December 2021
Record date: 17 December 2021
Payment date: 22 December 2021
Date of approval: 16 September 2021

For further queries, please contact:
Investor Relations:
Tolle O. R. Grøterud
Phone: +47 90 27 29 59
E-mail: ir@xxlasa.com

Press contact:
Andreas Nyheim
Phone: + 47 952 11 779 E
E-mail: presse@xxl.no

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About XXL ASA XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

Kilde

[E24Bot]

XXL misfornøyd med andre kvartal - skylder på coronaeffekter

XXL misfornøyd med andre kvartal - skylder på coronaeffekter

[E24Bot]

Griseflaksen vil neppe vare evig for XXL-aksjonærene

Griseflaksen vil neppe vare evig for XXL-aksjonærene

[Dunkel]

Ser av aksjonærlistene at Dolphin Management (Tidemansen) ikke lenger er på toppen av listene. Han er borte fra og med den 12.07.2021
Kan noen forklare dette ? Har ikke sett noen børsmeld eller noe på at ha skal ha solgt sine aksjer.??!

[TekBot]

XXL ASA - Notice of Extraordinary General Meeting

With reference to the announcement sent to the Oslo Stock Exchange on 15 July 2021, notice is hereby given that the Extraordinary General Meeting of XXL ASA will be held at the company’s headquarter, Strømsveien 245, Alna Senter, Oslo, Norway on Thursday 16 September 2021 at 09.00 CET.

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Please find the full notice with the agenda attached.

All relevant documents are available on www.xxlasa.com/general-meetings

Updated key information relating to the proposed cash dividend

The Board of Directors of XXL ASA proposes a total extraordinary dividend of NOK 1.98 per share to the Extraordinary General Meeting on 16 September 2021.

The dividend will be split into two tranches of NOK 0.99 per share to be paid in September and December 2021, respectively. The total extraordinary dividends is NOK 500 million. The two tranches will have separate ex. dividend and record dates.

September 2021 tranche:
Dividend amount: NOK 0.99 per share
Declared currency: NOK
Last day including right: 16 September 2021
Ex-date: 17 September 2021
Record date: 20 September 2021
Payment date: 24 September 2021
Date of approval: 16 September 2021

December 2021 tranche:
Dividend amount: NOK 0.99 per share
Declared currency: NOK
Last day including right: 15 December 2021
Ex-date: 16 December 2021
Record date: 17 December 2021
Payment date: 23 December 2021
Date of approval: 16 September 2021

For further queries, please contact:

Investor Relations:
Tolle O. R. Grøterud
Phone: +47 90 27 29 59
E-mail: ir@xxlasa.com

Press contact:
Andreas Nyheim
Phone: + 47 952 11 779
Email: presse@xxl.no

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

Kilde

[TekBot]

XXL ASA - Minutes from Extraordinary General Meeting

The Extraordinary General Meeting of XXL ASA was held at 09.00 CEST today, Thursday 16 September 2021. All items were resolved in accordance with the Board’s proposals.

Please see attached a copy of the Minutes from the Extraordinary General Meeting.
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For further queries, please contact:

Tolle O. R. Grøterud
Investor Relations, XXL ASA
Tel: +47 90 27 29 59
E-mail: ir@xxlasa.com

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

XXL ASA: Ex dividend NOK 0.99 today

The shares in XXL ASA will be traded ex dividend NOK 0.99 as from today, 17 September 2021.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act
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Kilde

[arctica76]

Noen som vet hva denne meldingen betyr?

XXL ASA: Ex dividend NOK 0.99 today

The shares in XXL ASA will be traded ex dividend NOK 0.99 as from today, 17 September 2021.

[Dunkel]

Det betyr at skulle du få utbytte nå i sept, måtte du ha xxl aksjer i går.

[arctica76]

Ok, takk! På min Nordnet konto har XXL gått ned rundt 4,5% i skrivende stund, mens det står at den er 1,3% opp når du går inn på aksjen.

[rESHI]

Jeg tror Nordnet surrer litt i dag. Jeg startet dagen med -1.66% før børsen åpnet, men det stemmer ikke med summen på kontoen.

Nå er jeg egentlig i + for dagen, men det vises fortsatt som -0.66%. Sånt skjer innimellom

[TekBot]

Notification of trade

Funkybiz AS, a company closely related to Hugo Maurstad, Chairman of Board in XXL ASA, has on 20.09.2021 bought shares in XXL ASA. See attachment for further details.

This information is subject to disclosure under the Norwegian Securities Act section §5-12.
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Contact persons, XXL ASA:
Investor Relations
Tolle Grøterud
Tel: +47 902 72 959
ir@xxlasa.com

Press
Andreas Nyheim
Tel: +47 952 33 382
presse@xxl.no

Kilde

[Dunkel]

Noen med en fornuftig forklaring på at XXL faller som den gjør i dag ?
Fint innsidekjøp i går og børsen er opp 1,5% i dag…

[Bingo123]

Dårlig stemning for tiden. I tillegg til børsuro kom det noe nyheter om at konkurransen i sportsbransjen strammer seg til