Clas Ohlson AB Reports Sales Results for the Month and Year to Date Ended April 2024
May 08, 2024 at 10:30 am IST
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Clas Ohlson AB (publ) reported sales results for the month and year to date ended April 2024. For the month, the company reported sales, excluding the acquired Spares Group, increased by 17% to SEK 714 million (612). Organic sales increased by 16% compared to the previous year. Sales in comparable units and local currency increased by 14% compared to the previous year. April sales were positively impacted by calendar effects of approximately 5 percentage points. Sales including Spares Group amounted to SEK 785 million (612). Online sales, excluding Spares Group, increased by 22% to SEK 96 million (79). Online sales, including Spares Group, amounted to SEK 167 million (79).
For the year to date, the company reported total sales excluding the acquired Spares Group, increased by 10% to SEK 9,885 million (9,024). Organic sales increased by 11% compared to the previous year. Sales in comparable units and local currency increased by 11% compared to the previous year. Sales including Spares Group amounted to SEK 10,232 million (9,024). Online sales, excluding Spares Group, increased by 14% to SEK 1,206 million (1,054). Online sales, including Spares Group amounted to SEK 1,553 million (1,054).
Clas Ohlson AB is a Sweden-based company active in the retail sector. The Companyâs product portfolio comprises five categories: Hardware, offering tools and material to renovate, build, paint and repair; Home, including products for kitchen and bathroom, cleaning, laundry and storage, hygiene and health, school work and leisure; Multimedia, which provides computer and telephone accessories, as well as music equipment; Electrical, such as chargers, cable, clocks and lamps; and Leisure, which supplies products for outdoor and indoor activities. Its distribution channels include retail and online stores, as well as catalogue and telephone sales. Furthermore, It owns a range of brands: Asaklitt, Cocraft, Gavia, Exibel, Coline, and Prologue, among others. The Company operates worldwide through a number of wholly owned subsidiaries, such as Clas Ohlson AS, Clas Ohlson OY, Clas Ohlson Ltd, Clas Ohlson GmbH and Clas Ohlson Ltd.
CLAS OHLSON AB 
