Clas Ohlson sales rise 15%
Photo: Adam Ihse/TT

Clas Ohlson sales rise 15% to SEK 1.16 billion in July

Clas Ohlson's sales increased to SEK 1,164 million in July, the retail chain said in a press release. This is an increase of 15 percent compared with the same month last year.

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"The total sales increase of 15 percent was positively affected by both acquisitions and currency effects from the Norwegian krone. However, as previously communicated, the rapid fluctuations in the Norwegian krone will mean negative effects from currency hedging in the quarter compared with the previous year," says CEO Kristofer Tonström in a comment in the press release.

“Development was good in all home markets and in other markets we doubled sales compared with the previous year,” he adds.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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