Clas Ohlson increase sales in January 2017
Sales in January increased to 578 MSEK (558), an increase of 4 per cent compared to previous year. January ends Clas Ohlson’s third quarter and summarises sales for the quarter to 2,695 MSEK (2,482), a sales increase of 9 per cent.
Sales increase by 4 per cent in January to 578 MSEK (558). In local currencies, sales is unchanged versus previous year. Compared with the same month previous year, the net store portfolio was expanded by 8 stores. At the end of the period, the total number of stores was 213.
Sales in January were distributed as follows:
|Percentage change||Percentage change,
|Outside Nordic countries*||22||27||-19||-12|
*Effected by store optimization in the UK.
Total sales during the first nine months of the fiscal year (May 2016 to January 2017) increased by 5 per cent to 6,415 MSEK (6,098). In local currencies, sales increased by 4 per cent.
The third quarter interim report 2016/17 will be published at 07:00 CET on Wednesday 15 March 2017. The report will be presented on the same day at 08:30 CET in Clas Ohlson’s store at Drottninggatan 53 in Stockholm, Sweden.
For more information, please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13
This is information that Clas Ohlson AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7:00 am CET on 15 February 2017.
Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Sweden. Today, the company offers products and services for the small everyday practical problems, in six countries via its over 200 stores and online. Clas Ohlson offers a wide range of affordable products in five product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on Nasdaq Stockholm, has sales of over 7.5 billion SEK and more than 4,700 employees. Visit Clas Ohlson at www.clasohlson.com