Clas Ohlson increases sales in January 2018

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Sales increases by 3 per cent in January to 596 MSEK (578). In local currencies, sales increases by 4 per cent versus previous year. Sales development in comparable units and in local currency was 2 per cent.

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 224.

Sales in January is distributed as follows:

Countries, MSEK January
2017/18
January
2016/17
Percentage change Percentage change,
local currency
Sweden 263 253 4 4
Norway 237 235 1 5
Finland 76 67 12 9
Outside Nordic countries* 19 22 -11 -12
596 578 3 4

*Effected by store optimization in the UK. 

Total sales during the first nine months of the fiscal year (May 2017 to January 2018) increases by 2 per cent to 6,528 MSEK (6,415). In local currencies, sales increases by 3 per cent versus previous year.

The third quarter interim report 2017/18 will be published at 07:00 CET on Wednesday 14 March 2018. 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 February 2018.

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, more than 4,800 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 on
about.clasohlson.com.

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