Clas Ohlson jumps after quarterly profit beat, sales momentum

Clas Ohlson AB

12/06/2025 08:35

** Shares of Clas Ohlson CLASb.ST jump 12.3%, on track for best day since Dec 2023

** Swedish retailer's Q4: Operating profit above market expectations, aided by sales momentum and strong cash flow

** "We expect a positive reaction in the stock today," says Kepler Cheuvreux of Swedbank Aktiellt equity research service

** Q4 operating profit is 109 mln Swedish crowns ($11.45 mln), up 67.7% from a year earlier

** Co proposes SEK 7/shr dividend, up from previous SEK 4.25

** Trading volume at about 76.2k shares vs 30-day moving avg of 87.4k shares

** Stock gains 52.1 % YTD, including day's move

($1 = 9.5172 Swedish crowns)

 (Reporting by Jesus Calero)

 ((Jesus.calero@thomsonreuters.com))