Clas Ohlson increases sales in March 2017

Regulatory

2017-04-12 07:00 CET

Sales increases by 10 per cent in March to 537 MSEK (489). In local currencies, sales increases by 7 per cent. Sales in March is positively affected by a calendar effect of about 5 percentage points, due to more trading days compared with the corresponding period previous year.

Compared with the same month previous year, the net store portfolio was expanded by 10 stores. At the end of the period, the total number of stores was 215.

Sales in March is distributed as follows:

Countries, MSEK March
2016/17
March
2015/16
Percentage change Percentage change,
local currency
Sweden 238 235 +1 +1
Norway 217 179 +21 +14
Finland 63 53 +20 +17
Outside Nordic countries* 19 23 -18 -14
  537 489 +10 +7

*Effected by store optimization in the UK. 

Total sales during the first eleven months of the fiscal year (May 2016 to March 2017) increases by 5 per cent to 7,463 MSEK (7,082). In local currencies, sales increases by 4 per cent.

The fourth quarter interim report 2016/17 will be published at 07:00 CET on Thursday 8 June 2017. The report will be presented on the same day at 08:30 CET in a telephone and web conference.

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 12 April 2017.

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