Unusual quarterly profit for Clas Ohlson
Photo: Stian Lysberg Solum/NTB/TT

Unusual quarterly profit for Clas Ohlson

· updated

Pryklason Clas Ohlson made a profit of 65 million kronor for the last quarter (February-April) in the company's unaudited financial year. During the corresponding period last year, it was a loss of 7 million kronor.

Sales revenues, excluding the acquired Spares Group, increased by 12% to 2 billion kronor.

The board of directors proposes a dividend to shareholders of 4.25 kronor per share, plus 2.75 kronor compared to last year.

"For the first time since 2016/17, we have closed a fourth quarter with a positive result," writes CEO Kristofer Tonström in the report.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All