Five per cent growth for Clas Ohlson

Clas Ohlson recorded a sales increase of five per cent on the previous year to SEK 5.828 bn in the recently completely financial year (to 30 April 2011). “We have never been stronger in our home markets of Sweden and Norway, with increased market share and good profitability,” commented CEO Klas Balkow. The Swedish retail group is also active in Finland, as well as operating eleven stores in the United Kingdom following four new openings.