Clas Ohlson sales development in March 2013
Sales decreased 3% in March to SEK 421 M (433) . In local currencies, sales increased 1%. The calendar effect, due to fewer trading days compared with the preceding year, is estimated to amount to a negative 6 percentage points.
Compared with the same month in 2012, 19 stores have been added and the total number of stores on March 31 2013 was 174. Mail order/Internet sales during the month was SEK 7 M (6).
Sales channels (SEK M):
Percentage Percentage change,
Countries change: local currency:
Sweden 200 (199) +0% +0%
Norway 167 (181) -7% -2%
Finland 36 (35) +1% +8%
UK 18 (18) +2% +12%
Total sales during the first eleven months (May 2012 - March 2013) increased by 4% to SEK 6 080 M (5 848).
The Year-end report for financial year 2012/13 will be published on June 11 2013.
For more information please contact:
Klas Balkow, CEO and President: +46 (0)247-447 55
John Womack, Director Information & IR: +46 (0)70-678 24 99
The information in this press release comprises information that Clas Ohlson AB (publ) is required to disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 08:00 (CET) on Monday April 15 2013.
About Clas Ohlson
Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company has 172 stores in four countries and sales via the Internet, mail order, telephone and social media. Clas Ohlson helps its customers solve everyday practical problems with a range of affordable products in the five product areas: Hardware, Electrical, Home Multimedia and Leisure categories. The company is listed on the OMX Nordic Exchange and has approximately 4,000 employees. For further information about Clas Ohlson, visit http://about.clasohlson.com (financial information) or http://www.clasohlson.com (e-commerce).