Clas Ohlson nine-month report 2020/21
Drive generates results now and in the future Third quarter – 1 November 2020 to 31 January 2021 · Sales declined 9% to 2,635 MSEK (2,905), organic growth down 5% and down 5% in comparable units · Online sales increased by 59% to 288 MSEK (181) · Operating profit totalled 358 MSEK (378). Excluding the effect of IFRS 16, operating profit totalled 342 MSEK (355) · The operating margin was 13.6% (13.0). Excluding the effect of IFRS 16, the operating margin was 13.0% (12.2) · Net debt/EBITDA excluding the effect of IFRS 16 (12 months) amounted to -1.2 times (-0.3) · Profit