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Clas Ohlson AB (CLASb.ST)

CLASb.ST on Stockholm Stock Exchange

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Fri, Dec 8 2017

Sweden's Clas Ohlson buys stake in online grocery firm MatHem

STOCKHOLM Swedish retailer Clas Ohlson will buy a 10 percent stake in one of the country's largest online grocery stores, MatHem, seeking to adapt to changing consumer behavior and a weak sales development in its physical stores.

Sweden's Clas Ohlson buys stake in online grocery firm MatHem

STOCKHOLM, Dec 8 Swedish retailer Clas Ohlson will buy a 10 percent stake in one of the country's largest online grocery stores, MatHem, seeking to adapt to changing consumer behaviour and a weak sales development in its physical stores.

BRIEF-Clas Ohlson to buy 10 pct of MatHem

* CLAS OHLSON CLOSER TO THE CUSTOMER THROUGH STRATEGIC COLLABORATION WITH MATHEM.SE

UPDATE 2-Clas Ohlson shares plunge on weak results, says to halt Nordic store expansion

Dec 6 Swedish retailer Clas Ohlson on Wednesday reported weaker than expected quarterly earnings and said it would halt its normal store expansion in the Nordics, sending shares to their lowest level in more than three years.

BRIEF-Clas Ohlson Q2 operating profit lags forecast​

* REUTERS POLL: CLAS OHLSON Q2 OPERATING PROFIT WAS SEEN AT SEK 134 MILLION, NOV LOCAL CURRENCY SALES SEEN UP 1.2 PERCENT​

BRIEF-Clas Ohlson says total October sales up 1 pct yr/yr

* Says ‍sales increases by 1 per cent in October to 688 msek (681)

BRIEF-Clas Ohlson Sept sales up 5 pct, above forecast

* Says ‍sales increase by 5 per cent in september to 640 MSEK (610)

BRIEF-Clas Ohlson initiates strategic review, new targets in 2018

* Clas Ohlson initiates the strategic review "100 more years"

BRIEF-Clas Ohlson Q1 operating profit just above forecasts, Aug sales up 1 pct

* Says sales increased by 1 pct to 1,783 mln SEK (1,763), unchanged in local currencies

UPDATE 1-Clas Ohlson July sales far below forecast

Aug 15 Retailer Clas Ohlson reported July sales far below analyst forecasts on Tuesday on the back of a sales drop in Sweden, its biggest market.

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