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Changing buying patterns presses Clas Ohlson

the retail Chain Clas Ohlson delivers a profit before tax of 104 million for the third quarter in the company's broken fiscal year. It can be compared with the profit before tax of eur 349 million in the corresponding period the year before.

Although it is the ceo Lotta Lyrå satisfied.

" We are growing both in store and online. It can also be noted that the underlying earnings increase compared with the previous year, " she says.

Sales in this important quarter, where the christmas shopping season is included, increased by six per cent to sek 2.9 billion, compared with sek 2.7 billion in the third quarter of the previous fiscal year.

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and reduce underlying operating profit from 363 million to 105 million is mainly the costs for the decommissioning of the physical stores in the Uk and Germany, where Clas Ohlson is planning to remain as a purely online store.

" We are following this development very closely. Depending on what happens in the issue it will affect exactly how we operate onlineaffären in the Uk, " says Lotta Lyrå.

In February, announced the company that 150-200 posts in the group will disappear in the efficiency measures, the so-called Clas Ohlsson plusprogrammet. On Monday was the first the notice that was approximately 80 services in the professional field.

want to Lotta Lyrå not answer, but she notes that the market sentiment for the retail sector is challenging, which requires that the company's restructuring to be accelerated in order to meet the development.

one can say is that the development goes in the direction we thought and that it goes pretty fast right now. Most of the growth is online and we get more and more ”peakartade” buying patterns, " she says.

– E-commerce and mail order is almost the same thing, although you have a website and a mobile instead of a directory, and then there are somewhat higher demands on delivery times than what they had 100 years ago.

Read also: Cuts on Clas Ohlson

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