Clas Ohlson sales increase by 17 per cent in April

Sales by Clas Ohlson in April, excluding the acquired Spares Group, increased by 17 per cent to SEK 714 mio. (approx. EUR 60.68 mio.). According to a company statement, organic sales increased by 16 per cent compared with the previous year. Sales in comparable units and local currency increased by 14 per cent compared with the previous year.

"With continued strong development across all prioritised product categories with many appreciated product news, we increased organic sales in April by 16 per cent. The increase includes a positive calendar effect of 5 percentage points, but even without Easter, which affected comparability, sales were clearly above our long-term targets,” says Kristofer Tonström, CEO and president of Clas Ohlson.

Sales including Spares Group amounted to SEK 785 mio. Online sales, excluding Spares Group, increased by 22 per cent to SEK 96 mio while online sales including Spares Group amounted to SEK 167 mio. Compared with the same month last year, the store network has increased by 8 stores. At the end of the period, the total number of stores was 230.