ITAB Shop Concept AB (publ) updated earnings guidance for the financial year 2020. For the period, the company expects to report an adjusted EBITDA result, before non- recurring costs for the financial year ending 31 December 2020, which will be significantly higher than communicated in ITAB's preliminary guidance on 10 July 2020. Adjusted EBITDA for the financial year 2020 before restructuring costs and certain items relating to non- recurring inventory write-downs is expected to amount to approximately SEK 575 million, compared to the range of SEK 380 - 420 million that was communicated on July 10, 2020.