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Clas Ohlson sales update

Sales rose 9% in September to SEK 495 M (452). In local currencies, sales increased 9%. Compared with the same month in 2010, 25 stores have been added and the total number of stores on September 30 2011 was 148. Mail order/Internet sales during the month was SEK 9 M (8).

Sales channels (SEK M):
Store numbers/% Change/%Change local currency

Sweden 225 (222) + 1% + 1%
Norway 207 (177) + 18% + 16%
Finland 41 (36) + 14% + 15%
UK 22 (17) + 28% + 35%

Total sales during the first five months (May-September 2011) increased by 7% to SEK 2,409 M (2,255).

The Q2-report for 2011/12 will be published on 8 December 2011.

Source: Cisionwire.com
www.cisionwire.com/clas-ohlson/r/clas-ohlson-sales-development-in-september,c9173761

14 October 2011
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