Clas Ohlson ABOMXSTO: CLAS_B

Clas Ohlson shares rise after 'strong' September sales

· Issued by Clas Ohlson AB

** Shares in Clas Ohlson OMXSTO:CLAS_B rise 3.5% after the Swedish retailer posted an increase in September sales figures

** The group's net sales rose 9% to SEK 939 million ($100.04 million) in September, which Kepler Cheuvreux says was 2% above its estimates

** In a note posted via Swedbank Aktiellt equity research Kepler calls the report "another strong monthly report"

** The stock is on track for its best day in a month, if gains hold, when it rose on better-than-expected Q1 results

** Shares rise 73% year-to-date

($1 = 9.3863 Swedish crowns)

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