Clas Ohlson three-month report 2020/21
A very strong first quarter in an uncertain market climateFirst quarter – 1 May to 31 July • Sales increased 1% to 2,074 MSEK (2,044), organic growth up 7% and up 8% in comparable units • Online sales increased by 63% to 184 MSEK (113). • Operating profit totalled 166 MSEK (79). Excluding the effect of IFRS 16, operating profit totalled 147 MSEK (52). • The operating margin was 8.0% (3.9). Excluding the effect of IFRS 16, the operating margin was 7.1% (2.6). • Net debt/EBITDA excluding the effect of IFRS 16 (12 months) amounted to -0.5 times (0.0) • Profit after tax