Clas Ohlson six-month report 2019/20
Summary
Accordingly, it is gratifying to state that we increased our sales in the Nordics organically by 3 per cent during the quarter, driven by growth in Sweden, Norway and Finland, both in stores and online. We quickly saw that our new partnership from the start of September with Kolonial.no, Norway’s largest online food retailer, was positively received by customers, following the same trend we noted for MatHem in Sweden. Focus on growth and customer experience It has been confirmed many times over that our CO100+ action programme is generating the effects we had hoped for, as can be seen in the profitability trend for the quarter for example. The webcast is accessible at the direct link: https://about.clasohlson.com/webcast-201920-q2 To participate in the conference via telephone, and thereby be able to ask questions verbally, please dial in on any number below a couple of minutes before the start of the call: +46 850558352 (Sweden), +44 3333009272 (UK) or +18 335268398 (US) For more information, please contact: Carolina Strömlid, Head of Investor Relations, +46 70 880 71 73, carolina.stromlid@clasohlson.se This is information that Clas Ohlson AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. A lot has happened since the start in 1918, but one thing has remained the same over the years; that we want to help and inspire people to improve their everyday lives by offering smart, simple, practical solutions at attractive prices.