News | Online plus 43 per cent

Back

Clas Ohlson Swedish sales down 3 per cent from May to October

Clas Ohlson's sales in comparable units and local currencies increased by 4 per cent in the first half of its financial year 2020/2021.

Clas Ohlson's sales in comparable units and local currencies increased by 4 per cent in the first half of its financial year 2020/2021.

In the first six months of fiscal 2020/2021 (May to October), Clas Ohlson's sales were down 2 per cent to SEK 4.111 bn (EUR 403 mio) compared with the same period in the previous year. In local currencies, however, the figure signified an increase of 3 per cent. Sales in comparable units and local currencies increased by 4 per cent. Online sales for the period increased by 43 per cent to SEK 332 mio (EUR 33 mio).

Sales declined by 3 per cent in the company's home market in Sweden. Although sales were up in Norway by 15 per cent, the increase equated to just 3 per cent in Swedish krona on account of the weak Norwegian currency. Sales in Finland contracted by 11 per cent (-8 per cent in local currency).

|16 November 2020 | 14:51


SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

British are most interested in the smart home

The greatest amount of interest for the topic of smart homes is in Great Britain. This is suggested, at any rate, by an analysis of Google search View news...

“Christmas without Amazon”

In a major campaign under the banner of "Noël sans Amazon" ("Christmas without Amazon"), business owners, trade unions, View news...

Thai chain HomePro invests in Vietnam

The Thai DIY retailer HomePro is planning an expansion into Vietnam. The board of directors passed the resolution regarding the approval of View news...

Strong quarter for the Swiss DIY trade

Swiss DIY stores grew in the third quarter compared to the same period last year by 15.8 per cent to sales of around CHF 940 mio (EUR 870 mio). Over View news...