Norway soon Clas Ohlson’s biggest market?

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Norway is Clas Ohlson’s most growing market. Sales growth in local currencies was 12 percent in December.

Sweden showed hardly any growth, with this pace Norway might soon be the biggest market.

Total sales during the first eight months of the fiscal year (May to December 2014) increased by 8 per cent to 5 269 MSEK (4 888). In local currencies, sales increased by 7 per cent.

December December % %
Countries, MSEK 14/15 13/14 change local currencies
Sweden 468 464 +1 +1
Norway 423 386 +10 +12
Finland 119 107 +12 +7
International 55 46 +19 +8
1066 1002 +6 +6

Compared with the same month previous year, 14 stores have been added and the total number of stores end of December 2014 was 196, including one franchise store in Dubai.