FY operating profit at 717 MSEK, operating margin +7.0%
Operating cash flow 1,489 MSEK (941)
Solid financial position: net debt/EBITDA -0.2**
EPS: 8.03 SEK (2.85)
Proposed dividend 4.25 SEK per share
Solid start to 2024/25 with +13% organic growth in May
*Including the acquired Spares Group
**Excl IFRS 16
Business update
4
Strategy execution - key targets
1
Organic growth 5% with
2
Industry leading in
7-9% EBIT margin
sustainability - deliver on
our people agenda and
2045 commitments
Planet People Society
20/21
21/22
22/23
23/24
5
Strategy execution - overview Q4 23/24
Make assortment relevant 12 months/year.
✓ All prioritised categories driving growth
✓ Continued high pace in launching product news
✓ Positive trend for product reviews
A profitable and growing online business.
Q4 online sales* +11%
~50% of online orders delivered via stores
Online share of total sales approx. 19% in Q4
Expand the store network.
Net addition of 6 stores in Q4
2 more stores opened in May
24/25: target of approx. 10 new stores, focus also on developing existing stores
Efficient customer communication.
competitive cost base.
Execution on our sustainability agenda.
Growing customer base. Club Clas +400,000 members vs Q4 LY
More effective organisation and ways of working
Continued roll-out of sustainability training - now more than 300 sustainability ambassadors
6
*Excluding the acquired Spares Group
Growth in all prioritised product categories
Tidyup yourhome.
Light up yourhome.
Create a conscious homeenvironment.
Connect & enjoy yourhome.
Fix your home.
Sustainability
Spare parts
Seasons
Consumablesassortment
7
Continued high pace in renewing the assortment
Approx.
• Record no. of product news in 2023/24
4,500
‒ Driving customer interest and sales growth
new products
• High relevance in all seasons and customer situations
• Attracting new customer segments and building depth in our product niches
8
Selection of BLOCKBUSTER product launches
Store expansion according to plan…
New stores well received by customers
Continued positive trend in LFL sales
Stores and e-com supporting each other
Reduced cost base an enabler for profitable growth by store expansion going forward
Target for 2024/25: net addition of approx. 10 new stores
New stores in 23/24
New stores in 24/25
…and building a more robust store portfolio
Relocation of existing stores
Renegotiations of existing store contracts
Optimised assortment
Optimised sales area (+/-)
Optimised storage area (+/-)
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Clas Ohlson AB published this content on
05 June 2024 and is solely responsible for the information contained therein. Distributed by
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05 June 2024 08:14:05 UTC.
Clas Ohlson AB is a Sweden-based company active in the retail sector. The Companyâs product portfolio comprises five categories: Hardware, offering tools and material to renovate, build, paint and repair; Home, including products for kitchen and bathroom, cleaning, laundry and storage, hygiene and health, school work and leisure; Multimedia, which provides computer and telephone accessories, as well as music equipment; Electrical, such as chargers, cable, clocks and lamps; and Leisure, which supplies products for outdoor and indoor activities. Its distribution channels include retail and online stores, as well as catalogue and telephone sales. Furthermore, It owns a range of brands: Asaklitt, Cocraft, Gavia, Exibel, Coline, and Prologue, among others. The Company operates worldwide through a number of wholly owned subsidiaries, such as Clas Ohlson AS, Clas Ohlson OY, Clas Ohlson Ltd, Clas Ohlson GmbH and Clas Ohlson Ltd.
CLAS OHLSON AB 
