Clas Ohlson increase sales in October 2014

Sales increased by 6 per cent in October to 629 MSEK (592). In local currencies, sales increased by 4 per cent.

Compared with the same month previous year, 11 stores have been added and the total number of stores end of October 2014 was 192, including one franchise store in Dubai.

Sales were distributed as follows:

Countries, MSEK October
2014/15
October
2013/14
Percentage change Percentage change,
local currency
Sweden 282 275 +3 +3
Norway 256 238 +7 +5
Finland 63 57 +11 +5
Outside Nordic countries 28 22 +30 +16
629 592 +6 +4

Total sales during the first six months of the fiscal year (May to October 2014) increased by 9 per cent to 3,457 MSEK (3,184). In local currencies, sales increased by 7 per cent.

The second quarter interim report 2014/15 will be published at 07:00 CET on Tuesday
9 December 2014. The report will be presented on the same day at 08:30 CET (please note new time) 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

The information in this press release comprises information that Clas Ohlson AB (publ) is required to disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 08:00 CET on Friday 14 November 2014.

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company is trading in five countries offering outstanding service via its approx. 200 stores, web shop, catalogue and telephone sales channels. Clas Ohlson helps its customers solve every day practical problems with a wide range of affordable products in five product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on the Nasdaq OMX Nordic Exchange, has sales of 7 billion SEK and over 4,700 employees. Visit Clas Ohlson at www.clasohlson.com.

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About Us

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Sweden. This year, we are celebrating 100 years as a business with customers in five markets, approximately 5,000 co-workers and annual sales of approximately 8 billion SEK. Our share is listed on Nasdaq Stockholm. A lot has happened since the start in 1918, but one thing has remained the same over the years; that we want to help and inspire people to improve their everyday lives by offering smart, simple, practical solutions at attractive prices. Read more about our history on clasohlson100.com/en or visit about.clasohlson.com for current events and information.

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  • Clas Ohlson