Clas Ohlson year-end report 2020/21
Strong result during a year with many challengesFourth quarter – 1 February to 30 April · Sales declined by 6% to 1,538 MSEK (1,644), organic growth down 6% and down 6% in comparable units · Online sales increased by 89% to 274 MSEK (145) · Operating loss amounted to -64 MSEK (-41). Excluding the effect of IFRS 16, operating loss amounted to -81 MSEK (-61) · The operating margin was -4.2% (-2.5) Excluding the effect of IFRS 16, the operating margin amounted to -5.3% (-3.7) · Net debt/EBITDA excluding the effect of IFRS 16 (12 months) amounted to -0.7 times (0.0) · Loss