Lower sales in December for Clas Ohlson

Distribution of sales	Month			Accumulated
	December	Change		May-December	Change
MSEK	2020/21	SEK	Organic	2020/21	SEK	Organic
Sweden	471	-19%	-19%	2,739	-7%	-7%
Norway	491	-7%	1%	2,676	1%	12%
Finland	140	-16%	-14%	725	-12%	-9%
Outside the Nordics	6	-34%	-27%	39	-44%	-41%
Total	1,108	-14%	-10%	6,178	-5%	0%
Of which online	108	45%	49%	551	47%	53%

 

Total sales for the period May-December 2020 decreased by 5 per cent to 6,178 MSEK (6,490). Organic growth was unchanged compared to the previous year. Sales in comparable units and local currency increased by 1 per cent. Online sales for the period increased by 47 per cent to 551 MSEK (374).

Pär Christiansen, acting President and CEO: December sales have been clearly affected by the pandemic, and sharpened restrictions in close connection to the year’s most important sales period caused further reduction of customer traffic to our Swedish stores. With lower customer traffic and sales, we have placed particular focus on maintaining a safe shopping experience and good profitability, among other things through reduced campaign activities. Overall, for all our markets, organic sales decreased by 10 per cent compared to December last year. Total sales decreased by 14 per cent as a result of a continued weak NOK. Online sales increased by 45 per cent, meaning that we are still in line with our online sales growth target for the fiscal year.

For further information, please contact: 
Niklas Carlsson, Group Head of Communications, +46 247 444 29, niklas.carlsson@clasohlson.se

This is information that Clas Ohlson AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, at 7:00 a.m. CET on 15 January 2021.