The crisis-ridden sports chain XXL is still struggling. For the fourth quarter, it reports an operating profit according to the EBITDA measure of 18 million Norwegian kronor. This was significantly lower than market expectations (49.5 million Norwegian kronor) and sales in comparable stores decreased by 4 percent compared to the same period last year.
XXL's share has plummeted almost 90 percent on the Oslo Stock Exchange over the past year.
