Cold winter impacts Clas Ohlson's
Photo: Malin Hoelstad/SvD/TT

Cold winter impacts Clas Ohlson's sales

The gadget chain Clas Ohlson reports an operating profit of SEK 659 million for the third quarter, i.e., November 1–January 31.

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The profit compares with SEK 553 million in the same period last year. The cold and snowy winter is reflected in sales.

"In January, when the cold weather hit our sales markets, we instead saw a clear upswing in weather-related product categories such as heat sources and snow removal," writes the company's CEO, Kristofer Tonström, in the interim report.

At the same time, the company's net sales increased by 6 percent to almost SEK 4.1 billion.

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