Clas Ohlson grows by 9 per cent

In the third quarter (November 2023 to January 2024) of its 2023/2024 financial year, the Swedish retail group Clas Ohlson increased its sales by 9 per cent year-on-year to SEK 3.233 bn (EUR 289 mio); this does not include the Spares Group, which was acquired in November 2023. Like-for-like sales increased by 12 per cent and online sales (excluding Spares Group) by 19 per cent to SEK 410 mio (EUR 36.6 mio).

Clas Ohlson also reports similar growth rates for the nine months from May to January: sales growth amounted to 9 per cent overall and 11 per cent on a like-for-like basis. The company's e-commerce sales increased by 15 per cent.