Clas Ohlson’s sales performance in July 2017
Sales decreased by 3 per cent in July to 616 MSEK (635). In local currencies, sales decreased by 3 per
cent 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 July is distributed as follows:
|Percentage change||Percentage change,
|Outside Nordic countries*||19||23||-17||-14|
*Effected by store optimization in the UK.
Total sales during the first three months of the fiscal year (May to July 2017) increased by
1 per cent to 1,783 MSEK (1,763). In local currencies, sales was unchanged.
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.
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 August 2017.
For more information, please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13
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