Clas Ohlson reports a profit before tax of SEK 75 million (106) for the split fiscal year’s first quarter, May to July.
It was nearly 17 percent lower than expectations, which was at 90 million, according Inquiry Financials analyst survey.
Gross margin amounted to 39.1 percent (40.5), expected 39.9 percent.
the operating result was 75 million (106), giving an operating margin of 4.3 percent. Waited 90 million and was 5.1 percent.
Net profit amounted to 58 million (81), or 0.91 kronor per share (1.27) after dilution. Waited was 69 million and 1.08 kronor.
Turnover increased to 1.763 billion (1770), which had been reported earlier.
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