CLAS-B: Q1 net sales and operating profit growth; dividend proposed
Clas Ohlson AB reported Q1 net sales growth year-over-year and operating profit growth. It set new three-year financial targets, proposed a 14 SEK dividend per share, expanded its store network, and will discontinue currency hedging.
Net sales grew 16% year-over-year with strong organic and online growth, and operating profit rose 42%.
The company set new three-year financial targets, expanded its store network, and will discontinue currency hedging.
Dividend of 14 SEK per share proposed.Original document: Clas Ohlson AB Class…