Regulatory 2018-08-15 07:00 CET Financial information

Clas Ohlson increase sales in July

Sales in July increased by 7 per cent compared with July last year, corresponding to a sales increase of 3 per cent in local currencies. Clas Ohlson’s online sales growth in July amounted to 32 per cent.

July sales increased by 7 per cent to 658 MSEK (616). In local currencies, sales increased by 3 per cent compared with the preceding year. Sales in July in comparable units and local currency decreased by 2 per cent.

Online sales in July increased by 32 per cent to 19 MSEK (15).

Compared with July last year, the store portfolio was expanded net by 14 stores. At the end of the period, the total number of stores was 232.

Countries, MSEK July
2018/19
July
2017/18
Percentage change Percentage change, local currency
Sweden 284 276 3 3
Norway 272 250 9 2
Finland 76 70 9 1
Outside Nordic Countries 25 19 29 20
  658* 616 7 3

* of which 19 MSEK (15) comprises online sales.

Total sales for the first three months of fiscal year 2018/19 (May to July 2018) increased by 10 per cent to 1,958 MSEK (1,783). In local currencies, sales increased by 6 per cent. Sales in comparable units and local currency increased by 3 per cent. Online sales for the period increased by 60 per cent to 93 MSEK (58).

The interim report for the first quarter of 2018/19 will be published at 7:00 CET on Wednesday 5 September 2018. 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 further information, please contact:
Sara Kraft Westrell, Director of Information and IR, tel +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 August 2018.

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