Clas Ohlson slumps after Q4 EBIT miss, somewhat disappointing CMD targets

Clas Ohlson AB

03/06/2026 08:47

** Shares in Clas Ohlson CLASb.ST fall around 10% after the Swedish retailer reported its Q4 results and presented new financial targets
** Its Q4 EBIT came in at SEK 180 million ($19.25 million), around 6% below Modular Finance consensus, despite strong year-on-year growth, Kepler Cheuvreux says 
** In Kepler's view the updated CMD targets are also likely to disappoint
** "While the reiterated 5% organic growth target was probably expected, it may still be viewed as somewhat conservative given the company's recent organic growth trend of around 9%," the brokerage says 
** Kepler adds the new EBIT margin target of around 12% is only in line with the FY 2025/26 outcome of 12.2% and below current market expectations of around 13%
** Shares on track for their worst day since December 2025
     
     
($1 = 9.3494 Swedish crowns)

(Reporting by Agnieszka Gosciak-Rabalska)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))