Clas Ohlson: Interim Report, 1 May 2009 – 31 October 2009

Regulatory

2009-12-08 08:00 CET

2nd quarter * Sales totalled SEK 1,373 M (1,224), up 12% * Operating profit amounted to SEK 145 M (115), up 26%. * Profit after tax totalled SEK 106 M (84), up 27% * Earnings per share amounted to SEK 1.64 (1.29), up 27% First six months * Sales totalled SEK 2,661 M (2,338), up 14% * Operating profit amounted to SEK 287 M (223), up 29% * Profit after tax totalled SEK 207 M (162), up 28% * Earnings per share amounted to SEK 3.21 (2.49), up 29% Events after the end of the reporting period * Sales in November totalled SEK 538 M (449), up 20% * Agreement for lease regarding new store in Liverpool, UK CEO Klas Balkow comments: “Clas Ohlson’s autumn and winter range received a positive response from our customers and we continue to attract additional customers in all markets during the quarter. Work on improving the company’s productivity has continued to generate clear effects and our operating profit increased by 26 per cent compared with the year-earlier period.” “Our expansion in the UK continues with three new stores opening in the London area in November and December. We are focusing intently on contracting attractive store locations and building a strong, long-term market position for Clas Ohlson in the UK. British consumers have shown a keen interest and are positive toward our product range, prices and service level. However, entry into a new market initially involves high costs, for activities such as marketing, which will be charged against consolidated earnings over the next few years.” Analyst and media conference An analyst and media conference will be held today, Tuesday 8 December at 10 a.m. (CET). For participation, please contact Johan Wallinder at Financialhearings, Telephone: +46 (0)8-411 43 80 or via email: hearings@financialhearings.com. You can also follow the presentation via web cast at www.financialhearings.com For more information, please contact: Klas Balkow, CEO: +46 (0)247-447 55 John Womack, Director of Information and IR: +46 (0)70 678 24 99 Clas Ohlson Q2 200910 (PDF)