skip to main content
Find Insight DIY on
* * *

International DIY News

Clas Ohlson Reports 2% Rise in April Sales

Clas Ohlson Helsinki opening 725 x 500.jpg

Sales in April increased by 2 per cent compared with April last year, corresponding to an organic growth of 1 per cent. April sales were negatively impacted by a calendar effect of approximately 2 percentage points. For the fiscal year 2018/19, organic sales growth increased by 4 per cent. Clas Ohlson’s online sales growth amounted to 27 per cent in April and 47 per cent for the fiscal year 2018/19.

April sales increased by 2 per cent to 592 MSEK (581). Organic sales increased by 1 per cent compared with the preceding year. Sales in April in comparable units and local currency is unchanged. Sales in April were negatively impacted by a calendar effect of approximately 2 percentage points due to less trading days than in the year-earlier period. Sales online in April increased by 27 per cent to 37 MSEK (29). Compared with April last year, the store portfolio was expanded net by 3 stores. At the end of the month, the total number of stores was 232.

Countries, MSEKApril
2018/19
April
2017/18
Percentage changeOrganic growth
Sweden27225288
Norway2412410-1
Finland6868-1-2
Outside Nordic Countries**1220-39-41
 592*58121

* Of which 37 MSEK (29) comprises online sales.
** Effected by closure of stores in the UK and Germany.

Total sales for the fiscal year 2018/19 (May 2018 to April 2019) increased by 7 per cent to 8,772 MSEK (8,211). Organic sales increased by 4 per cent. Sales in comparable units and local currency increased by 1 per cent. Online sales for the fiscal year increased by 47 per cent to 432 MSEK (295).

Total sales for the fourth quarter 2018/19 (February to April 2019) increased by 4 per cent to 1,742 MSEK (1,683). Organic sales increased by 2 per cent. Sales in comparable units and local currency is unchanged. Online sales for the fourth quarter increased by 33 per cent to 96 MSEK (72).

The year-end report for the fiscal year 2018/19 will be published at 7:00 CET on Wednesday 5 June 2019. The report will be presented on the same day at 09:00 in Clas Ohlson’s store at Sveavägen 52 in Stockholm, Sweden.

Source : Insight DIY Team and Clas Ohlson

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.

20 May 2019

Related News

view more International DIY News
*

Insight DIY is the only source of market information that I need and they always have the latest news before anyone else.

*
Neil Anderton - Sales Director, British Ceramic Tile
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry