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.

*  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

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