Regulatory 2018-07-13 07:00 CET Financial information

Clas Ohlson increase sales in June

Sales in June increased by 16 per cent compared with June last year, and the sales growth in comparable units and local currency amounted to 9 per cent. Clas Ohlson’s online sales growth in June amounted to 119 per cent.

June sales increased by 16 per cent to 697 MSEK (600). In local currencies, sales increased by
13 per cent compared with the preceding year. Sales were supported by extensive commercial activities in connection to Clas Ohlson’s 100 year anniversary on 28 June. Sales were also positively impacted by a calendar effect of approximately 2 percentage points due to a higher number of trading days than in the year-earlier period. Sales in June in comparable units and local currency increased by 9 per cent.

Online sales in June increased by 119 per cent to 45 MSEK (21).

Compared with June 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 June
  2018/19
June
  2017/18
Percentage   change Percentage   change, local currency
Sweden 310 271 14 14
Norway 290 245 18 12
Finland 74 66 13 7
Outside   Nordic Countries 23 19 20 14
697* 600 16 13

* of which 45 MSEK (21) comprises online sales.

Total sales for the first two months of fiscal year 2018/19 (May to June 2018) increased by 12 per cent to 1,300 MSEK (1,166). In local currencies, sales increased by 8 per cent. Sales in comparable units and local currency increased by 5 per cent. Online sales for the period increased by 69 per cent to 74 MSEK (44).

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 at 8:30 CET the same day.

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 13 July 2018.

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