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XXL ASA’s Annual Accounts Approval Delayed Amid Fraser Group’s Review

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XXL ASA’s Annual Accounts Approval Delayed Amid Fraser Group’s Review

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The latest update is out from XXL ASA ( (GB:0R3P) ).

The annual general meeting of XXL ASA did not approve the annual accounts and report for 2024, nor the auditor’s fee, due to Fraser Group plc’s ongoing due diligence review of the company. This decision reflects Fraser Group’s influence and indicates potential changes in XXL’s operational or strategic direction pending the review’s outcome.

More about XXL ASA

XXL ASA is a leading sports retailer operating in Norway, Sweden, and Finland. It is the largest sports retailer in the Nordics, offering a wide range of products for sports, hunting, skiing, biking, and other outdoor activities. XXL aims to provide a one-stop-shop experience with the largest stores, best prices, and widest assortment of branded goods.

Average Trading Volume: 623

Technical Sentiment Signal: Strong Sell

Current Market Cap: NOK860.4M

Learn more about 0R3P stock on TipRanks’ Stock Analysis page.

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