Clas Ohlson Records 17% Revenue Growth in First Half of FY2026/27
SWEDEN: Swedish retail chain Clas Ohlson reported strong sales growth during the first half of its 2026/27 financial year, covering May to October 2026. Total turnover reached SEK 6.806 billion (approximately USD 690.8 million), representing a 17% increase compared with the corresponding period last year. Growth was driven by organic expansion (11%), acquisitions (3%) and favourable currency effects (3%). Organic growth comprised a 9% increase in like-for-like sales and a further 2% contribution from newly opened stores.
The company recorded positive growth across all its operating markets. Organic sales increased by 10% in Sweden, 9% in Norway and 10% in Finland. In its other markets, turnover surged by 51%, although from a relatively low base of SEK 228 million (approximately USD 23.1 million).
Source: DIY International
