Clas Ohlson's sales increased in July compared to the previous year

Net sales in July amounted to 1,164 MSEK (1,010), an increase of 15 per cent, of which 10 per cent relates to organic growth, 3 per cent acquisition and 2 per cent currency effects.

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Clas Ohlson offers a carefully selected range of affordable quality products in five product niches which make everyday life more comfortable for our customers.

The Company has around 5,200 co-workers and sales in three markets (Sweden, Norway and Finland) via stores in attractive locations, and a rapidly growing and profitable online business. Through subsidiaries, we also offer spare parts, batteries and technology accessories to customers in the Nordics and several other European markets.

Well-positioned in large and growing product niches

We focus on five major product niches, each with underlying growth and attractive margins. Our addressable market offers real potential for qualitative growth in existing markets, and strong brand recognition means customers already know who we are and understand what we offer.

Strong financial position & focus on increasing earnings per share over time

A clear focus on cost and operational efficiency creates value for all stakeholders, backed by a proven ability to generate strong free cash flow and disciplined capital allocation. Increasing earnings per share enables attractive dividends and continued investment in growth, under a policy to distribute at least 50 per cent of earnings per share.

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Clas Ohlson AB

+46 247 444 00

contact@clasohlson.se

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