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.