Clas Ohlson increases sales in June 2017

Sales increases by 2 per cent in June to 600 MSEK (589). In local currencies, sales is unchanged versus 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 218.

Sales in June is distributed as follows:

Countries, MSEK June
2017/18
June
2016/17
Percentage change Percentage change,
local currency
Sweden 271 269 +1 +1
Norway 245 237 +3 0
Finland 66 60 +9 +4
Outside Nordic countries* 19 23 -18 -15
600 589 +2 0

*Effected by store optimization in the UK.  

Total sales during the first two months of the fiscal year (May to June 2017) increases by
3 per cent to 1,166 MSEK (1,129). In local currencies, sales increases by 2 per cent.

The first quarter interim report 2017/18 will be published at 07:00 CET on Wednesday
6 September 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 14 July 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

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About Us

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.

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