Clas Ohlson increases sales in April 2017
Sales increases by 1 per cent in April to 527 MSEK (520). In local currencies, sales decreases by 1 per cent. Sales in April is negatively affected by a calendar effect of about 7 percentage points, due to less trading days compared with the corresponding period previous year.
Compared with the same month previous year, the net store portfolio was expanded by
11 stores. At the end of the period, the total number of stores was 216.
Sales in April is distributed as follows:
|Percentage change||Percentage change,
|Outside Nordic countries*||18||24||-23||-22|
*Effected by store optimization in the UK.
Total sales during the fiscal year (May 2016 to April 2017) increases by 5 per cent to
7,990 MSEK (7,602). In local currencies, sales increases by 4 per cent.
The fourth quarter interim report 2016/17 will be published at 07:00 CET on Thursday
8 June 2017. The report will be presented on the same day at 08:30 CET in a telephone and web conference.
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 May 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 4,700 employees. Visit Clas Ohlson at www.clasohlson.com