Clas Ohlson grows by eight per cent

Further expansion imminent in Great Britain, but will take longer in the Gulf region
Clas Ohlson concluded the first quarter of its fiscal 2015/2016 with sales growth of eight per cent. Its sales totalled SEK 1.770 bn from May to July.
The company intends to push ahead with a number of smaller outlets in the Greater London area in autumn 2015. Expansion in the Gulf region is progressing more slowly than planned. It is now reported that at least a second franchise store is to be opened and further expansion will then be reviewed.