Business

Clas Ohlson shares rise after 'strong' September sales

Clas Ohlson shares rise after 'strong' September sales

Clas Ohlson Ab Class BOctober 7, 20254
Clas Ohlson shares rise after 'strong' September sales

About this update from Clas Ohlson Ab Class B

** 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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