Clas Ohlson increase sales in September 2017
Sales increase by 5 per cent in September to 640 MSEK (610). In local currencies, sales increase by 6 per cent versus previous year. Sales development in comparable units and in local currency is 4 per cent.
Compared with the same month previous year, the net store portfolio was expanded by
13 stores. At the end of the period, the total number of stores was 220.
Sales in September is distributed as follows:
|Percentage change||Percentage change,
|Outside Nordic countries*||22||28||-22||-19|
*Effected by store optimization in the UK.
Total sales during the first five months of the fiscal year (May to September 2017) increased by 2 per cent to 3,094 MSEK (3,039). In local currencies, sales increased by
1 per cent versus previous year.
The second quarter interim report 2017/18 will be published at 07:00 CET on Wednesday
6 December 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 13 October 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 approximately 8 billion SEK and more than 4,800 employees. Visit Clas Ohlson at www.clasohlson.com