Edition:
United States

Clas Ohlson AB (CLASb.ST)

CLASb.ST on Stockholm Stock Exchange

151.50SEK
11:29am EDT
Change (% chg)

0.50kr (+0.33%)
Prev Close
151.00kr
Open
151.00kr
Day's High
152.00kr
Day's Low
150.50kr
Volume
26,368
Avg. Vol
86,240
52-wk High
174.00kr
52-wk Low
121.25kr

Latest Key Developments (Source: Significant Developments)

Clas Ohlson April sales match forecasts
Monday, 15 May 2017 01:00am EDT 

May 15 (Reuters) - Clas Ohlson AB :Says sales increases by 1 pct in April to 527 MSEK (520). In local currencies, sales decreases by 1 pct.Reuters poll: Clas Ohlson April sales were seen up 1.3 percent, local-currency sales seen down 1.5 pct.Says sales in April negatively affected by a calendar effect of about 7 percentage points, due to less trading days compared with the corresponding period previous year.  Full Article

Clas Ohlson Q3 operating profit in line with forecasts
Wednesday, 15 Mar 2017 02:00am EDT 

Clas Ohlson AB : Says Q3 sales increased by 9 pct to SEK 2,695 mln (2,482), 5 pct in local currencies . Says Q3 operating profit increased by 2 pct to SEK 390 mln(382) . Says we are also reporting our February sales today, which were negatively impacted by a calendar effect of 4 per cent, amounting to SEK 511 mln . Says February sales increased by 3 pct to SEK 511 mln (495), unchanged in local currencies . Says plans during 2017/18 to establish 10 to 15 new stores net .Reuters poll: Q3 operating profit seen at SEK 389 mln, Feb sales at SEK 507 mln.  Full Article

Clas Ohlson appoints Lotta Lyrå as new CEO
Tuesday, 20 Dec 2016 02:00am EST 

Clas Ohlson AB :Lotta Lyrå appointed new CEO of Clas Ohlson, effective as of 16 June 2017.  Full Article

Clas Ohlson September sales just below forecast
Friday, 14 Oct 2016 01:00am EDT 

Clas Ohlson Ab : Clas Ohlson increase sales in september 2016 . Says sales increased by 4 percent in september to 610 mln SEK (584) . Says in local currencies, sales increased by 4 percent .Reuters poll: Clas Ohlson Sept sales were seen up 4.6 percent.  Full Article

Clas Ohlson July sales lag forecast
Monday, 15 Aug 2016 01:00am EDT 

Clas Ohlson Ab : Clas Ohlson sales development in July 2016 . Says sales decreased by 1 per cent in July to 635 msek (641) . Says in local currencies, sales increased by 1 per cent .Mean forecast was for July local-currency sales +4 pct yr/yr in July.  Full Article

Clas Ohlson June sales rise 3 pct
Friday, 15 Jul 2016 01:05am EDT 

Clas Ohlson Ab : Clas Ohlson increase sales in June 2016 .Says sales increased by 3 percent in June to 589 mln SEK (575). In local currencies, sales increased by 5 percent.  Full Article

Clas Ohlson Q4 operating loss slightly bigger than expected
Wednesday, 8 Jun 2016 01:00am EDT 

Clas Ohlson : Says proposed dividend is 5.75 SEK per share . Q4 operating profit amounted to -126 mln SEK . Reuters poll: Operating Result Was Seen At SEK -117 million, dividend/share at SEK 5.83, May sales at +0.9 percent .Says sales in May amounted to 540 MSEK (554), increased by 1% in local currencies.  Full Article

Clas Ohlson April sales increases 3 pct
Friday, 13 May 2016 01:00am EDT 

Clas Ohlson AB : Clas Ohlson increase sales in april 2016 . Says sales increased by 3 per cent in april to 520 msek (505) . Says in local currencies, sales increased by 8 per cent .Says sales in April was positively affected by a calendar effect of about 6 percentage points, due to additional trading days compared with the previous year.  Full Article

Clas Ohlson AB to close 7 UK stores, takes SEK 107 mln charge in Q4
Wednesday, 6 Apr 2016 01:00am EDT 

Clas Ohlson AB:Says taking next step in optimising UK store network.Says closure of five stores are confirmed.Says cost related to restructuring of UK store network is estimated to 107 million Swedish crowns, being booked as a non-recurring item in Q4 2015/16.Says yearly savings is estimated to 70 million crowns when in full effect as of FY 2017/18.Says plan is to open an additional one to two stores in London area during FY 2016/17.Says planning to close a total of seven store locations during FY 2016/17.  Full Article

Clas Ohlson plans to establish 10-15 new stores in FY 2016/17
Wednesday, 16 Mar 2016 02:00am EDT 

Clas Ohlson AB:Says during FY 2016/17 plans to establish 10-15 new stores.  Full Article

More From Around the Web

BRIEF-Clas Ohlson April sales match forecasts

* Says sales increases by 1 pct in April to 527 MSEK (520). In local currencies, sales decreases by 1 pct