International DIY News
Clas Ohlson Sales Increase by 1% in September
Clas Ohlson’s sales in September increased by 1 per cent compared with September last year, corresponding to an organic growth of 1 per cent. Sales in the Nordic countries increased by 3 per cent. Online sales increased by 46 per cent.
September sales increased by 1 per cent to 681 MSEK (677). Organic sales increased by 1 per cent compared with the preceding year. Sales in September in comparable units and local currency increased by 2 per cent. Sales in the Nordic countries increased by 3 per cent. Online sales increased by 46 per cent to 44 MSEK (30). Compared with September last year, the store portfolio has decreased net by 4 stores. At the end of the month, the total number of stores was 231.
| Countries, MSEK | September 2019/20 | September 2018/19 | Percentage change | Organic growth |
| Sweden | 308 | 292 | 6 | 6 |
| Norway | 275 | 278 | -1 | 0 |
| Finland | 91 | 84 | 8 | 6 |
| Nordic Countries | 674 | 654 | 3 | 3 |
| Outside Nordic Countries* | 7 | 23 | -70 | -71 |
| Total** | 681 | 677 | 1 | 1 |
* Impacted by closure of stores in the UK and Germany.
** Of which 44 MSEK (30) comprises online sales.
Total sales for the first five months of fiscal year 2019/20 (May to September 2019) increased by 3 per cent to 3,465 MSEK (3,360). Organic sales increased by 3 per cent. Sales in comparable units and local currency increased by 3 per cent. Online sales for the period increased by 28 per cent to 190 MSEK (148).
Source : Insight DIY Team and Clas Ohlson
Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.
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