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Clas Ohlson reports an increase of nine per cent

Clas Ohlson wants to concentrate on the Nordic countries in the future.

Clas Ohlson wants to concentrate on the Nordic countries in the future.

In the first half year of its financial year 2018/2019, i.e. from May to October, Clas Ohlson made sales to the amount of SEK 4.115 bn (EUR 403 mio). This corresponds to an overall increase of 9 per cent, an organic growth of 5 per cent and an increase of 2 per cent in comparable units. Online growth was 51 per cent.

Following its new strategy, the company wants to concentrate on the Nordic countries and e-commerce. The company has announced an optimisation of the product mix in its stationary trade. They state that in-store tests have shown 'that we can reduce the number of products and still considerably increase sales in many categories,' according to a statement by Lotta Lyrå, president and CEO of Clas Ohlson.

|17 December 2018


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