Clas Ohlson sales development in June 2012

Sales rose 8% in June to SEK 503 M (465). In local currencies, sales increased 8%. Compared with the same month in 2011, 19 stores have been added and the total number of stores on June 30 2012 was 162. Mail order/Internet sales during the month were SEK 7 M (7).

Sales channels (SEK M):

Countries: Percentage change / Percentage change (local currency):

Sweden: 234 (218) +7% / +7%

Norway: 209 (191) +9% / +9%

Finland: 42 (41) +4% / +7%

UK: 19 (16) +18% / +9%

Total sales during the first two months (May-June 2012) increased by 7% to SEK 937 M (879).

The Q1-report for 2012/13 will be published on 5 September 2012.

For more information please contact:

Klas Balkow, CEO and President: +46 (0)247-447 55

John Womack, Director Information & IR: +46 (0)247-444 05

Clas Ohlson AB is a Swedish chain store that sells, amongst other things, hardware, electrical, multimedia, and home and leisure products. It is the largest hardware chain in Scandinavia. The company was founded in 1918 by the technically-minded Clas Ohlson (1895–1979), as a mail order business based in the Swedish village of Insjön, Dalarna. Initially, only manuals and technical literature were sold. He opened his first shop in Insjön in 1926 and there are now stores throughout Sweden, as well as in Norway and Finland.

In 2008, the company opened its first store in the United Kingdom, in Croydon, south London. There are now stores at the Arndale Centre in Manchester, at The Harlequin in Watford, in Kingston upon Thames, Reading, Liverpool, Leeds, Birmingham, Cardiff, Doncaster, Norwich and Newcastle

Source : Clas Ohlson/Cision Wire
www.cisionwire.com/clas-ohlson/r/clas-ohlson-sales-development-in-june-2012,c9281712