Oslo, Norway, 14 November 2020: Austrian authorities has this afternoon, with effect from Tuesday 17 November 2020, decided to temporarily close down retail trade other than food, pharmacies and other important supply functions in the country as a precautionary measure to contribute to limit the contagion of COVID-19. As a consequence the seven XXL stores in Austria will be closed from Tuesday 17 November 2020. The temporarily close down of retail trade imposed by the Austrian authorities will last until 6 December 2020 but could be prolonged. XXL monitors the situation closely and will initiate several actions to reduce costs during this period, and the financial effects are estimated to be limited.
The imposed COVID-19 restrictions from local authorities where XXL operates may affect the markets differently. Entering into the peak season, XXL is monitoring the situation closely and will evaluate alternative actions when necessary.
For further queries, please contact:
Press contact Norway:
Marte Ramuz Eriksen
Tel: + 47 952 21 425
Email: presse@xxl.no
Investor Relations XXL ASA
Tolle O. R. Grøterud
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.