Swedish DIY chain Clas Ohlson ended the fiscal year 2024/2025 (1 May 2024 to 30 April 2025) with a net sales of SEK 11.627 bn (EUR 1.061 bn), an increase of 14 per cent. As the company stated in a press release, 10 per cent related to organic growth and -1 per cent to currency effects. Online sales in the period grew by 17 per cent to SEK 1.412 bn, excluding Spares Group. Including Spares Group, online sales amounted to SEK 2.231 bn.
For the fourth quarter of their fiscal year, Clas Ohlson reports an increase of 8 per cent to SEK 2.343 bn (EUR 213.898 mio), of which 10 per cent relate to organic growth and -2 per cent to currency effects. Online sales in the quarter amounted to SEK 493 mio, an increase of 19 per cent.
„To ensure the ability to maintain the growth journey, we will continue to invest in new and existing stores. The plan for store expansion remains unchanged, which means that…