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Clas Ohlson AB ( ($SE:CLAS.B) ) has provided an announcement.
Clas Ohlson AB reported a strong start to the 2025/26 financial year, with a 10% organic sales increase and a 37% rise in operating profit in the first quarter. The company saw significant growth in both physical and online sales, with online sales increasing by 30% through effective marketing and pricing strategies. The company also managed to offset currency fluctuations, maintaining strong sales momentum into August, and is preparing for key sales months ahead, including the opening of new stores.
The most recent analyst rating on ($SE:CLAS.B) stock is a Sell with a SEK300.00 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 operates in the retail industry, offering a wide range of products including home improvement, electronics, and leisure items. The company focuses on providing a diverse assortment of products both in physical stores and online, with a strong market presence in the Nordic region.
Average Trading Volume: 89,841
Technical Sentiment Signal: Buy
Current Market Cap: SEK20.8B
For detailed information about CLAS.B stock, go to TipRanks’ Stock Analysis page.