Clas Ohlson

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Clas Ohlson was founded in 1918 as a mail order business in Insjön, Sweden. Today we are a retail company with customers in three markets, approximately 5,000 co-workers and annual sales of approximately 10 billion SEK. Our share is listed on Nasdaq Stockholm. A lot has happened since the start in 1918, but one thing has remained the same over the years; that we want to help people fix their homes with practical and sustainable solutions at attractive prices. Visit about.clasohlson.com/en to read more about us and how we make home fixing available, sustainable and enjoyable for everyone.

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Clas Ohlsons nine-month report 2019/20

Wed, Mar 11, 2020 07:00 CET

Improved profitabilityThird quarter – 1 November 2019 to 31 January 2020 · Sales in the Nordics increased by 2% to 2,883 MSEK (2,823), organic growth up 2% and total sales as well as organic growth were unchanged at 2,905 MSEK (2,915) · Online sales increased 19% to 177 MSEK (148) · Operating profit, including non-recurring costs and costs linked to the CO100+ action programme, totalled 378 MSEK (105). Excluding the effect of IFRS 16, operating profit amounted to 355 MSEK · Underlying operating profit amounted to 368 MSEK (363) (excl IFRS 16) · The operating margin was 13.0%

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Clas Ohlsons nine-month report 2019/20

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Clas Ohlsons nine-month report 2019/20

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