Clas Ohlson increases sales by four per cent

The Swedish home improvement retailer Clas Ohlson reported sales of SEK 2.044 bn (EUR 191 mio) in the first quarter of its fiscal 2019/2020, thus from May to July. This is a 4 per cent increase over the same period in the previous year. Organic sales increased by 4 per cent. Sales in comparable units and local currency increased by 4 per cent. Online sales for the period grew by 20 per cent to MSEK 112 (EUR 10 mio).