Distribution of sales Month Accumulated
July Change May-July Change
MSEK 2023/24 SEK Organic 2023/24 SEK Organic
Sweden 342 10% 10% 1,014 9% 9%
Norway 342 12% 13% 934 7% 11%
Finland 92 16% 5% 246 6% -3%
Total 775 11% 10% 2,193 7% 8%
Of which online 68 8% 6% 253 9% 10%

Total sales for the period May-July 2023 increased by 7 per cent to 2,193 MSEK (2,044). Organic sales increased by 8 per cent compared to the previous year. Sales in comparable units and local currency increased by 9 per cent compared to the previous year. Online sales for the period increased by 9 per cent to 253 MSEK (232).

Kristofer Tonström, CEO and President: Also in July, we have succeeded in adapting our offer to current customer needs. We have seen a slightly lower demand for typical seasonal products in all markets, but instead increased sales across large parts of the basic range. The organic sales increase amounted to 10 per cent and in comparable units sales increased by 11 per cent. Norway continued to contribute strongly to total sales with an organic sales increase of 13 per cent. At the same time, the NOK has strengthened significantly recently, which contributed to total sales increase reaching higher than the organic sales increase, up by 11 per cent. However, other macro factors such as inflation and currency effects from the US dollar continue to have a negative impact and the work to reduce costs will continue to be a priority also going forward.
For further information, please contact: 
Niklas Carlsson, Group Head of Communications, +46 247 444 29, niklas.carlsson@clasohlson.se
This is information that Clas Ohlson AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, at 7:00 a.m. CET on 7 August 2023.