The Pryl chain Clas Ohlson reports an adjusted operating profit of 203 million kronor for the broken fiscal year's first quarter.
This can be compared to the adjusted profit of 155 million during the corresponding quarter last year.
The turnover during the quarter increased to 2.6 billion kronor.
The result was in line with expectations. Analysts had on average counted on a turnover of 2.6 billion and an operating profit of 205 million kronor, according to the news agency Bloomberg's compilation of forecasts.
Clas Ohlson opened three new stores in the first quarter and aims for an additional four store openings during the second quarter.
"The sales growth online during the quarter amounted to 12 percent, excluding Spares, and the expectation is still that e-commerce will grow faster than the whole during the coming years", says CEO Kristofer Tonström in a comment in a press release.
