Sales in July increased by 1 per cent to 733 MSEK (728). Organic growth was 6 per cent. Online sales in July increased by 47 per cent to 54 MSEK (37). Sales in comparable units and local currency increased by 8 per cent. The total number of stores at the end of the period was 228 (232).
Distribution of sales Month Accumulated
July Change May-July Change
MSEK
Outside the Nordics* 6 -55% -53% 14 -57% -55%
Total 733 1% 6% 2,074 1% 7%
Of which online 54 47% 53% 184 63% 70%
* Affected by store closures in the
Total sales for the period May-
Lotta Lyrå, President and CEO:
"We can conclude that the positive sales trend we saw in June has continued in July. In total, we achieve an organic sales increase of 6 per cent and an increase in online sales of 47 per cent. I see this as proof that we have hit the spot in our commercial offer in relation to customers' needs during the summer. At the same time, although the situation gradually improves, we see continued negative effects of the corona pandemic in the form of subdued customer traffic to, above all, our centrally located stores in the larger cities in
For further information, please contact:
This is information that
The interim report for May-July 2020/21 will be published at
https://news.cision.com/clas-ohlson/r/continued-organic-growth-for-clas-ohlson-in-july,c3168511
https://mb.cision.com/Main/1116/3168511/1290929.pdf
(c) 2020 Cision. All rights reserved., source