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Clas Ohlson AB (CLASb.ST)

CLASb.ST on Stockholm Stock Exchange

79.20SEK
24 May 2019
Change (% chg)

0.05kr (+0.06%)
Prev Close
79.15kr
Open
79.00kr
Day's High
79.75kr
Day's Low
78.85kr
Volume
118,646
Avg. Vol
241,040
52-wk High
88.90kr
52-wk Low
65.30kr

Latest Key Developments (Source: Significant Developments)

Clas Ohlson April Sales Increase By 2% To SEK 592 Million
Wednesday, 15 May 2019 

May 15 (Reuters) - Clas Ohlson AB ::CLAS OHLSON INCREASE SALES IN APRIL.SALES IN APRIL INCREASED BY 2 PER CENT COMPARED WITH APRIL LAST YEAR.ORGANIC GROWTH OF 1 PER CENT..APRIL SALES WERE NEGATIVELY IMPACTED BY A CALENDAR EFFECT OF APPROXIMATELY 2 PERCENTAGE POINTS.FOR FISCAL YEAR 2018/19, ORGANIC SALES GROWTH INCREASED BY 4 PER CENT.ONLINE SALES GROWTH AMOUNTED TO 27 PER CENT IN APRIL AND 47 PER CENT FOR FISCAL YEAR 2018/19.APRIL SALES INCREASED BY 2 PER CENT TO 592 MSEK (581).  Full Article

Clas Ohlson Sales In September Up By 6 Per Cent
Monday, 15 Oct 2018 

Oct 15 (Reuters) - Clas Ohlson AB ::CLAS OHLSON INCREASE SALES IN SEPTEMBER.SALES IN SEPTEMBER INCREASED BY 6 PER CENT COMPARED WITH SEPTEMBER LAST YEAR.  Full Article

Clas Ohlson AB says Q1 sales rises 10 pct to 1,958 MSEK
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Clas Ohlson AB says::Q1 SALES INCREASED BY 10% TO 1,958 MSEK (1,783), ORGANIC SALES UP 6% AND UP 3% IN COMPARABLE UNITS.UNDERLYING OPERATING PROFIT AMOUNTED TO 62 MSEK (100).PROFIT AFTER TAX TOTALLED 30 MSEK (77).SALES IN AUGUST INCREASED BY 8% TO 725 MSEK (671), ORGANIC SALES UP 4%.AS PREVIOUSLY COMMUNICATED, OPERATING MARGIN FOR CURRENT AND NEXT FULL-YEAR ARE ESTIMATED TO BE ABOUT 4 - 6%.AFTER POSITIVE RECEPTION OF CLICK & COLLECT CONCEPT IN NORWAY, WE ARE NOW LAUNCHING THIS CONVENIENT SOLUTION IN 92 SWEDISH STORES.STRATEGY IMPLEMENTED IN THE CO100+ ACTION PROGRAMME, EXEPT FROM ONGOING GROWTH INITIATIVES, EFFICENCY MEASURES OF 200-250 MSEK SO FAR.  Full Article

Clas Ohlson Q3 operating profit falls, Feb sales up 2 pct
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Clas Ohlson Ab ::CLAS OHLSON AB Q3 ‍SALES INCREASED BY 2% TO 2,746 MSEK (2,695), UP 4% IN LOCAL CURRENCIES​.CLAS OHLSON AB Q3 ‍OPERATING PROFIT AMOUNTED TO 349 MSEK (390)​.CLAS OHLSON AB SAYS ‍IN FEBRUARY, SALES INCREASED BY 2% TO 518 MSEK (511), UP 3% IN LOCAL CURRENCIES​.CLAS OHLSON AB SAYS ‍ONLINE SALES PERFORMED WELL IN ALL OUR MARKETS IN Q3, PARTICULARLY IN UK​.  Full Article

Clas Ohlson says CFO Melin to leave
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Clas Ohlson Ab ::CLAS OHLSON INITIATES RECRUITMENT OF NEW CFO.CLAS OHLSON AB SAYS ‍GORAN MELIN HAS NOTIFIED HIS INTENTION TO LEAVE HIS POSITION​.  Full Article

Clas Ohlson January sales just below expectations
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Clas Ohlson Ab ::CLAS OHLSON INCREASES SALES IN JANUARY 2018.CLAS OHLSON AB SAYS ‍SALES INCREASES BY 3 PER CENT IN JANUARY TO 596 MSEK (578)​.CLAS OHLSON AB SAYS ‍SALES DEVELOPMENT IN COMPARABLE UNITS AND IN LOCAL CURRENCY WAS 2 PER CENT​.REUTERS POLL: CLAS OHLSON JAN SALES WERE SEEN AT 600 MILLION SEK.  Full Article

Clas Ohlson to buy 10 pct of MatHem
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Clas Ohlson ::CLAS OHLSON CLOSER TO THE CUSTOMER THROUGH STRATEGIC COLLABORATION WITH MATHEM.SE.SAYS ‍AT SAME TIME, CLAS OHLSON ACQUIRES NEWLY ISSUED SHARES CORRESPONDING TO 10 PER CENT OF MATHEM I SVERIGE AB​.SAYS ‍CLAS OHLSON WILL OWN 10 PER CENT OF MATHEM I SVERIGE AB, MAKING CLAS OHLSON MATHEM'S FOURTH LARGEST OWNER​.SAYS ‍INVESTMENT AMOUNTS TO 221 MSEK AND WILL BE REPORTED IN CLAS OHLSON'S Q3 OF 2017/18.MATHEM.SE IS A LEADING E-COMMERCE OPERATOR AND SWEDEN'S LARGEST ONLINE GROCERY STORE WITH DELIVERIES IN SEVERAL LARGER CITIES.MATHEM'S SALES AMOUNTED TO 963 MSEK IN 2016 ​.  Full Article

Clas Ohlson Q2 operating profit lags forecast​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Clas Ohlson AB ::SAYS ‍SALES IN NOVEMBER AMOUNTED TO 889 MSEK (908)​.Q2 ‍SALES INCREASED BY 2% TO 1,999 MSEK​.Q2 ‍OPERATING PROFIT AMOUNTED TO 125 MSEK.REUTERS POLL: CLAS OHLSON Q2 OPERATING PROFIT WAS SEEN AT SEK 134 MILLION, NOV LOCAL CURRENCY SALES SEEN UP 1.2 PERCENT​.SAYS ‍SLOW SALES TREND CONTINUED INTO NOVEMBER AND WE ARE NOW REPORTING MONTHLY SALES OF 889 MSEK, IN LINE WITH STRONG NOVEMBER OF LAST YEAR.SAYS IN LOCAL CURRENCIES, NOVEMBER SALES ARE UNCHANGED COMPARED WITH THE PRECEDING YEAR​.SAYS ‍WORK ON STRATEGY WILL RESULT IN A NEW STRATEGIC PLAN FOR COMPANY'S CONTINUED DEVELOPMENT AND GROWTH​.SAYS ‍WE ARE EVALUATING ALTERNATIVES FOR CAPITALISING ON OUR STRONG BRAND IN NORDIC MARKETS - WHERE WE CONTINUE TO SEE GREAT POTENTIAL - AND A NUMBER OF DIFFERENT BUSINESS MODELS FOR SUPPLEMENTING OUR CURRENT BUSINESS​.SAYS ‍WILL PRESENT AND LAUNCH PLAN IN FULL DURING SPRING​.SAYS ‍REGARDING STORE EXPANSION IN NORDIC MARKETS, WE HAVE DECIDED TO FOCUS ON TESTING NEW STORE FORMATS INSTEAD OF CONTINUING TO OPEN CURRENT FORM OF STORES. WE WILL ALSO REVIEW AND OPTIMISE OUR STORE LOCATIONS​.SAYS ‍ABILITY TO DELIVER OUR OFFERING DIGITALLY IS ALSO KEY AND A PRIORITISED PART OF STRATEGIC REVIEW AND, ACCORDINGLY, WE STARTED EFFORTS TO DEVELOP THIS AREA AS AN INTEGRATED PART OF STRATEGIC PLAN​.  Full Article

Clas Ohlson Sept sales up 5 pct, above forecast
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Clas Ohlson Ab ::Says ‍sales increase by 5 per cent in september to 640 MSEK (610).Says in local currencies, sales increase by 6 per cent versus previous year.Sales development in comparable units and in local currency is 4 per cent .Reuters poll: Clas Ohlson Sept sales were seen up 2.1 pct to 623 mln SEK .  Full Article

Clas Ohlson Q1 operating profit just above forecasts, Aug sales up 1 pct
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Clas Ohlson :Says sales increased by 1 pct to 1,783 mln SEK (1,763), unchanged in local currencies.Says operating profit increased by 33 pct to 100 mln SEK (75).Says sales in August increased by 1 pct to 671 mln SEK (665), up 1 pct in local currencies.Reuters poll: operating profit was seen at 98.4 mln SEK, sales were seen at 1,783 mln SEK.  Full Article

Investment firm Kinnevik buys into Swedish online grocer MatHem

STOCKHOLM, Feb 14 Kinnevik is spending 900 million Swedish crowns ($97 million) to buy a 38 percent stake in MatHem, an online domestic grocery retailer that it sees benefiting from more Swedes shopping online for food items, the investment company said.