Clas Ohlson increase sales in January 2017

Regulatory

2017-02-15 07:00 CET

Sales in January increased to 578 MSEK (558), an increase of 4 per cent compared to previous year. January ends Clas Ohlson’s third quarter and summarises sales for the quarter to 2,695 MSEK (2,482), a sales increase of 9 per cent.

Sales increase by 4 per cent in January to 578 MSEK (558). In local currencies, sales is unchanged versus previous year. Compared with the same month previous year, the net store portfolio was expanded by 8 stores. At the end of the period, the total number of stores was 213.

Sales in January were distributed as follows:

Countries, MSEK January
2016/17
January
2015/16
Percentage change Percentage change,
local currency
Sweden 253 259 -2 -2
Norway 235 209 +13 +3
Finland 67 63 +6 +4
Outside Nordic countries* 22 27 -19 -12
  578 558 +4 0

*Effected by store optimization in the UK. 

Total sales during the first nine months of the fiscal year (May 2016 to January 2017) increased by 5 per cent to 6,415 MSEK (6,098). In local currencies, sales increased by 4 per cent.

The third quarter interim report 2016/17 will be published at 07:00 CET on Wednesday 15 March 2017. The report will be presented on the same day at 08:30 CET in Clas Ohlson’s store at Drottninggatan 53 in Stockholm, Sweden.

For more information, please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13 

This is information that Clas Ohlson AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7:00 am CET on 15 February 2017.