Clas Ohlson sales development in March Sales rose 3% in March to SEK 376 M (366). In local currencies, sales increased 6%. Compared with the same month in 2009, 14 stores have been added and the total number of stores on 31 March 2010 was 117. Mail order/Internet sales during the month was SEK 7 M (8). Sales channels (SEK M): Countries Percentage change: Percentage change, local currency: Sweden: 183 (182) +1% +1% Norway: 153 (151) +1% +6% Finland and UK: 40 (33) +22% +36% Total sales during the first eleven months (May 2009 - March 2010) increased by 14% to SEK 5 209 m (4 583). The Q4-report for 2009/10 will be published on 10 June 2010. For more information please contact: Klas Balkow, CEO and President: +46 (0)247-447 55 John Womack, Director Information & IR: +46 (0)70-678 24 99 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 and at The Harlequin in Watford, and in Kingston upon Thames and Reading.
Clas Ohlson sales development in March
| Source: Clas Ohlson AB