Clas Ohlson lifts March sales 11% on strong organic growth and store expansion

Clas Ohlson AB ( ($SE:CLAS.B) ) just unveiled an announcement.

Clas Ohlson reported March net sales of SEK 902 million, up 11% year-on-year, driven mainly by 8% organic growth and supported by acquisitions, while the store network expanded to 245 locations from 239 a year earlier. For the period May 2025 to March 2026, total net sales rose 7% to SEK 11,585 million, with strong organic growth in Sweden and Norway offsetting negative currency effects and weaker performance in other markets, underscoring the company’s reinforced position in key product niches and its momentum heading into the spring season.

CEO Kristofer Tonström highlighted robust sales development across all home markets and noted that customers continue to value the breadth of Clas Ohlson’s offer of affordable everyday products, particularly in prioritized product niches. The company plans to sustain its growth trajectory with a high pace of product range renewal, including new items for the outdoor season such as solar cell lighting and garden machines, which may further strengthen its competitive position and support continued organic growth.

The most recent analyst rating on ($SE:CLAS.B) stock is a Buy with a SEK435.00 price target. To see the full list of analyst forecasts on Clas Ohlson AB stock, see the SE:CLAS.B Stock Forecast page.

More about Clas Ohlson AB

Clas Ohlson AB is a Swedish retail company founded in 1918, focused on affordable everyday products that help customers fix and improve their homes with practical and sustainable solutions at attractive prices. The company operates in multiple markets, employs around 5,000 people, generates annual sales of about SEK 12 billion, and its shares are listed on Nasdaq Stockholm.

Average Trading Volume: 114,618

Technical Sentiment Signal: Buy

Current Market Cap: SEK23.83B

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