Regulatory 2016-11-15 07:00 CET Financial information

Clas Ohlson increase sales in October 2016

Sales increased by 5 per cent in October to 681 MSEK (652). In local currencies, sales increased by 2 per cent.

Compared with the same month previous year, the net store portfolio was expanded by
6 stores. At the end of the period, the total number of stores was 208.

Sales were distributed as follows:

Countries, MSEK October
2016/17
October
2015/16
Percentage change Percentage change,
local currency
Sweden 310 300 +3 +3
Norway 270 253 +7 0
Finland 78 67 +16 +12
Outside Nordic countries* 24 31 -24 -14
681 652 +5 +2

*Effected by store optimization in the UK. 

Total sales during the first six months of the fiscal year (May to October 2016) increased by 3 per cent to 3,720 MSEK (3,616). In local currencies, sales increased by 4 per cent.

The second quarter interim report 2016/17 will be published at 07:00 CET on Wednesday
7 December 2016. The report will be presented on the same day at 08:30 CET in a telephone and web conference.

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 2016.

Contact

For more information, please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46 247 649 13

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