Q4 2022 XXL ASA Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the fourth quarter results presentation. My name is Tolle Groterud, and I have the pleasure of guiding you through today's presentation. Our CFO and Interim CEO, Stein Eriksen, will take you through the results and the key drivers and then followed by a Q&A session. And for media, there will be an opportunity to perform separate interviews after the presentation. So please direct your request to our press contact.
So without further introductions, I turn the floor over to you, Stein.
Thank you, Tolle. Good morning, everyone. Yes. So Q4 has certainly been another eventful quarter for XXL, and I will come back to it in more detail. I wanted to start with this slide. As you know, it has not been a secret that XXL has NOK 500 million too high inventory. And in order to reduce this, XXL has launched the biggest clearance campaign in the -- during the 3 last years, and
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