Clas Ohlson three-month report 2023/24
A strong quarter with sales growth and improved gross margin First quarter – 1 May to 31 July · Sales increased by 7% to 2,193 MSEK (2,044), organic growth up 8% and up 9% in comparable units · Online sales increased by 9% to 253 MSEK (232) · Operating profit, excluding costs of 170 MSEK linked to the write down of IT systems and headcount reductions, totalled 154 MSEK (previous year 19 excluding non-recurring costs for the closure of operations in the UK). Operating loss amounted to -16 MSEK (-16) · The operating margin was -0.7% (-0.8) · Net debt/EBITDA (12 months)