Clas Ohlson increases sales in October 2017

Regulatory

2017-11-15 07:00 CET

Sales increases by 1 per cent in October to 688 MSEK (681). In local currencies, sales increases by 3 per cent versus previous year. Sales development in comparable units and in local currency is unchanged versus previous year.

Compared with the same month previous year, the net store portfolio was expanded by 15 stores. At the end of the period, the total number of stores was 223.

Sales in October is distributed as follows:

Countries, MSEK October
2017/18
October
2016/17
Percentage change Percentage change,
local currency
Sweden 313 310 1 1
Norway 267 270 -1 4
Finland 86 78 11 12
Outside Nordic countries* 22 24 -7 -6
  688 681 1 3

*Effected by store optimization in the UK. 

Total sales during the first six months of the fiscal year (May to October 2017) increases by 2 per cent to 3,782 MSEK (3,720). In local currencies, sales increases by 2 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 15 November 2017.