Double-digit growth for Clas Ohlson

The Swedish retail chain Clas Ohlson has closed the first half of its 2026/2027 financial year – the period from May to October 2026 – with double-digit growth in turnover. Total turnover amounted to SEK 6.806 bn (EUR 619.3 mio), representing a 17 per cent increase compared with the same period last year. Of this, 11 per cent was attributable to organic growth, 3 per cent to acquisitions and 3 per cent to currency effects. Clas Ohlson breaks down this organic growth into a like-for-like increase of 9 per cent and a 2 per cent increase driven by new stores.

High growth rates were recorded across the board in all countries where the company operates. In its home market of Sweden, organic growth was 10 per cent; in Norway, 9 per cent; and in Finland, 10 per cent. In the other markets, turnover grew by 51 per cent, albeit from a low base (SEK 228 mio, EUR 20.8 mio).