News | Six months

Back

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


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Italian online shop Brico Bravo now also in Germany

The Italian DIY store group Brico Bravo now has an online presence in Germany. A French subsidiary, which also serves the market in Belgium and View news...

Jem & Fix now has five stores in Norway

After entering the Norwegian market a year ago, the Danish home improvement chain Jem & Fix now has five outlets in the neighbouring country to View news...

Clas Ohlson’s project with storage provider Vinden

The Swedish retailer Clas Ohlson now offers a one month free storage service included in the purchase of storage boxes. The offer is part of Clas View news...

Praktiker Hungary grows by 20 per cent in 2018

Praktiker Hungary reports record sales for 2018. Returns rose by 19.5 per cent to HUF 57.1 bn (EUR 178 mio). Thus, the company has claimed second View news...