Financial targets and achievements

We are continuously growing through a well-established store network, online store and new services and products. Our targets contribute to long-term value-creation.

Clas Ohlson’s long-term financial targets consist of a sales target and a profitability target.

  • Annual sales growth in comparable stores of at least 2 per cent

  • A net total of 10–15 new stores is expected for 2017/2018

  • An operating margin of at least 10 per cent 
  • The dividend is to comprise at least 50 per cent of earnings per share after tax, with consideration for the company’s financial position. This is our dividend policy.

Growth in new markets will occur in accordance with the long-term financial objectives.

Sales growth

By increasing sales through the existing structure, Clas Ohlson can continue to develop its business. 

During the financial year of 2016/2017, sales in comparable units increased by 1 per cent.

New stores

The target for the financial year of 2016/2017 was to establish 3-8 new stores net.

We opened a total of 17 new stores in Sweden, Norway, Finland, the UK, Germany and Dubai during the financial year of 2016/2017. The net addition was 11 stores. Our first store in Germany opened in May 2016

The target for the 2017/18 financial year is 10–15 new stores net.

Operating margin

By investing in continued expansion and having a cost-efficient organisation, the operating margin will be at least 10 per cent.

The operating margin amounted to 7.6 per cent for the financial year of 2016/2017.

Dividend

Owners will take part in the company’s earnings over the long term through stable dividends.

The dividend is to comprise at least 50 per cent of earnings per share after tax, with consideration for the company’s financial position. This is our dividend policy.

The dividend for the financial year of 2016/2017, 6.25 SEK per share, corresponds to 82 per cent of earnings per share before dilution, which is in line with the dividend policy.

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