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Key Developments: Clas Ohlson AB (CLASb.ST)

CLASb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Clas Ohlson AB says to open new store in Oslo next year
Friday, 21 Aug 2015 02:05am EDT 

Clas Ohlson AB:Opens new store in Oslo, Norway.Says store is scheduled to open in November 2016.  Full Article

Clas Ohlson AB proposes a dividend for FY 2014/2015
Wednesday, 10 Jun 2015 01:00am EDT 

Clas Ohlson AB:Proposed a dividend of 5.25 crowns per share, somewhat lower than the 5.35 crowns foreseen by analysts.  Full Article

Clas Ohlson AB to establish new store in Karlstad, Sweden
Friday, 13 Mar 2015 02:00am EDT 

Clas Ohlson AB:Has signed contract signed for establishment of new store in Bergvik shopping center in Karlstad, Sweden.Store is scheduled to open in August 2015.  Full Article

Clas Ohlson plans to open first store in Germany
Wednesday, 11 Mar 2015 02:00am EDT 

Clas Ohlson AB:Plans to establish 10-15 new stores during 2015/16.Says plans to establish further stores in the UK and the Gulf region stand firm and the company is looking for a suitable location for the first Clas Ohlson store in Germany.  Full Article

Clas Ohlson AB says Clas Office opens in Sweden and Norway
Thursday, 18 Sep 2014 08:00am EDT 

Clas Ohlson AB:Says a new concept, Clas Office, specifically targeting companies, is introduced.Says Clas Office is accessible in stores, but also available around the clock on the web and in smartphones, for companies in Sweden and in Norway.  Full Article

Clas Ohlson AB opens new stores in Sweden and Finland
Tuesday, 1 Jul 2014 08:00am EDT 

Clas Ohlson AB:Says it has signed contracts regarding new stores in Center Syd in Loddekopinge, Sweden and Goodman shopping center in Hameenlinna, Finland.Store in Loddekopinge is scheduled to open in Oct. 2015 and retail space amount to 1,293 m2.Store catchment area comprises about 300,000 residents.Store in Hameenlinna is scheduled to open in Oct. and retail space amount to 890 m2.Store catchment area comprises about 140,000 residents.In current 2014/15 financial year, Clas Ohlson plans to establish 10-15 new stores.Number of future store openings contracted amounts to total of 14 stores.With current 186 stores and 14 contracted stores, Clas Ohlson will have total of 200 stores (83 in Sweden, 71 in Norway, 33 in Finland, 12 in UK and one in Dubai).  Full Article

Clas Ohlson proposes FY 2013/2014 dividend of SEK 4.75 per share
Wednesday, 11 Jun 2014 02:00am EDT 

Clas Ohlson AB:Proposes dividend of 4.75 Swedish crowns per share to be paid for FY 2013/2014.Paid dividend of 4.25 crowns for FY 2012/2013.  Full Article

BRIEF-Clas Ohlson April sales increases 3 pct

* Says sales increased by 3 per cent in april to 520 msek (505)