Sales increased by 13 per cent in March to 475 MSEK (421). In local currencies, sales increased by 14 per cent. The calendar effect, due to additional trading days compared with the preceding year, is estimated to amount to a positive 4 percentage points.
Compared with the same month previous year, nine stores have been added and the total number of stores on March 31, 2014 was 183. Mail order/Internet sales during March increased to 10 MSEK (7). In local currencies, mail order/Internet increased by 45 per cent.
Sales were distributed as follows:
| Countries, MSEK | March 2013/14 |
March 2012/13 |
Percentage change |
Percentage change, local currency |
| Sweden | 223 | 200 | +12 | +12 |
| Norway | 184 | 167 | +10 | +15 |
| Finland | 45 | 36 | +27 | +19 |
| Outside Nordic countries* | 23 | 18 | +28 | +17 |
| 475 | 421 | +13 | +14 |
*Of which 2 MSEK pertains to sales to franchisee for stock build-up.
Total sales during the first eleven months of the fiscal year (May 2013 to March 2014) increased by 4 per cent to 6,335 MSEK (6,080). In local currencies, sales increased 7 per cent.
The Year-end report fiscal year 2013/14 will be published on Wednesday June 11, 2014.
For more information please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13
The information in this press release comprises information that Clas Ohlson AB (publ) is required to disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 08:00 CET on Tuesday April 15, 2014.