Brief: Clas Ohlson Proposes Dividend Of SEK 4.25 Per Share For FY 2023/2024

Clas Ohlson AB

05/06/2024 06:28

June 5 (Reuters) - Clas Ohlson AB  CLASb.ST :
    * SALES IN MAY, INCLUDING SPARES GROUP, AMOUNTED TO 848 MSEK
(670)
    * SALES IN MAY INCREASED BY 15% TO 772 MSEK (670), AN
ORGANIC
GROWTH OF 13% AND AN INCREASE OF 10% IN COMPARABLE UNITS
    * Q4 ONLINE SALES SEK 414 MILLION VERSUS SEK 220 MILLION
YEAR AGO
    * PROPOSED DIVIDEND IS 4.25 SEK PER SHARE
    * WILL RETURN TO MORE NORMAL TOTAL INVESTMENT LEVEL OF ABOUT
200
MSEK FOR 2024/25 FINANCIAL YEAR, WITH IT INVESTMENTS OF AROUND
30-50 MSEK
    * ONLINE SALES AS SHARE OF TOTAL SALES AMOUNTS TO 18 PER
CENT AND
ONLINE BUSINESS WILL CONTINUE TO BE AN IMPORTANT GROWTH DRIVER


Further company coverage:  CLASb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))