Brief: Clas Ohlson Sales In February Excluding Spares Group Up At SEK 636 Mln

Clas Ohlson AB

06/03/2024 06:11

March 6 (Reuters) - Clas Ohlson AB  CLASb.ST :
    * Q3 SALES ONLINE EXCLUDING SPARES GROUP INCREASED BY 19% TO
410
MSEK (343)
    * Q3 SALES ONLINE INCLUDING SPARES GROUP AMOUNTED TO 589
MSEK
(343)
    * Q3 SALES EXCLUDING ACQUIRED SPARES GROUP INCREASED BY 9%
TO
3,233 MSEK (2,954), AN ORGANIC GROWTH OF 12% AND AN INCREASE OF
12% IN COMPARABLE UNITS.
    * SALES INCREASED ACROSS ALL PRIORITISED PRODUCT CATEGORIES
AND IN
ALL MARKETS
    * DEVELOPMENT OF STORE NETWORK WILL CONTINUE WITH MORE STORE
OPENINGS IN LAST MONTHS OF YEAR, AND WE LOOK FORWARD TO
CONTINUING STORE EXPANSION ALSO IN 2024/25
    * Q4 OF YEAR HAS STARTED WELL WITH AN ORGANIC SALES INCREASE
OF 19
PER CENT IN FEBRUARY
    * SALES ONLINE IN FEBRUARY, EXCLUDING SPARES GROUP,
INCREASED BY
20% TO 72 MSEK (60)
    * WE HAVE CONTINUED TO RENEW OUR ASSORTMENT IN FEBRUARY,
WHICH
ALSO MEANS WE HAVE PHASED OUT OLDER PRODUCTS AT A HIGHER PACE
    * SALES IN FEBRUARY, EXCLUDING ACQUIRED SPARES GROUP,
INCREASED BY
17% TO 636 MSEK (541), AN ORGANIC GROWTH OF 19% AND AN INCREASE
OF 19% IN COMPARABLE UNITS

Source text for Eikon:  ID:nWkr1gC38M 
Further company coverage:  CLASb.ST 

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