Clas Ohlson increases quarterly sales by 7 per cent

Following double-digit growth in July, Swedish retail group Clas Ohlson has closed the first quarter of its 2023/2024 financial year, May to July, with a 7 per cent increase in sales. Turnover amounted to SEK 2.193 bn (EUR 188.21 mio). Organically, sales grew by 8 per cent compared to the same period last year, and like-for-like and currency-adjusted by 9 per cent. The online business increased by 9 per cent to SEK 253 mio (EUR 21.7 mio).