Clas Ohlson increase sales in September 2017

Regulatory

2017-10-13 07:00 CET

Sales increase by 5 per cent in September to 640 MSEK (610). In local currencies, sales increase by 6 per cent versus previous year. Sales development in comparable units and in local currency is 4 per cent.

Compared with the same month previous year, the net store portfolio was expanded by 13 stores. At the end of the period, the total number of stores was 220.

Sales in September is distributed as follows:

Countries, MSEK September
2017/18
September
2016/17
Percentage change Percentage change,
local currency
Sweden 289 274 6 6
Norway 251 237 6 8
Finland 78 70 11 12
Outside Nordic countries* 22 28 -22 -19
  640 610 5 6

*Effected by store optimization in the UK. 

Total sales during the first five months of the fiscal year (May to September 2017) increased by 2 per cent to 3,094 MSEK (3,039). In local currencies, sales increased by 1 per cent versus previous year.

The second quarter interim report 2017/18 will be published at 07:00 CET on Wednesday 6 December 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 13 October 2017.