New Risk • Jun 08
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Jun 06
Final dividend increased to kr7.00 Dividend of kr7.00 is 100% higher than last year. Ex-date: 14th September 2026 Payment date: 18th September 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 44% over the next 3 years. However, it would need to fall by 56% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jun 05
Full year 2026 earnings released: EPS: kr36.69 (vs kr13.91 in FY 2025) Full year 2026 results: EPS: kr36.69 (up from kr13.91 in FY 2025). Revenue: kr12.5b (up 7.6% from FY 2025). Net income: kr1.17b (up 33% from FY 2025). Profit margin: 9.3% (up from 7.6% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 04
Clas Ohlson Proposes an Extraordinary Dividend Clas Ohlson announced that the Board of Directors proposed an extraordinary dividend of SEK 4.75 per share. Announcement • Dec 11
Clas Ohlson AB (publ), Annual General Meeting, Sep 11, 2026 Clas Ohlson AB (publ), Annual General Meeting, Sep 11, 2026. Announcement • Jun 12
Clas Ohlson AB (Publ) Proposes Cash Dividend for the Year Ended April 30, 2025 Clas Ohlson AB (publ) proposed dividend is 7.00 SEK per share for the year ended April 30, 2025. Announcement • Mar 21
Clas Ohlson Launches Hundreds of New Products Clas Ohlson Launched Hundreds of New Products. A wide range of new products in gardening, hardware, solar lighting, and leisure are now available in Clas Ohlson stores. One area with a lot of new product launches is solar lighting. This category has become increasingly popular among customers in recent years, and this year's new offerings include decorative lanterns and table lamps, as well as functional solar lighting such as bollard lights and wall-mounted lights. Gardening products have also become more sought after. This year's new products include portable greenhouses and a completely new range of irrigation products, featuring everything from mobile hose reels to a solar-powered automatic watering system for pots. The season's colours are soft pastels in shades of pink, green, and yellow. These colours feature in the new picnic range, which includes two new kids' cool bags perfect for a day at the beach. For those planning to travel, Clas Ohlson is launching several new suitcases and backpacks. There is also an updated selection of power banks and mobile chargers. Spring and summer are the peak seasons for sales of products related to building, maintenance, and repairs. Many new products designed to make DIY projects easier are being launched, including a new series of laser measuring tools under the Clas Ohlson brand. Clas Ohlson is also relaunching the affordable Cocraft LXC battery platform, with 20 new tools and garden machines, all powered by the same battery. Announcement • Feb 28
Clas Ohlson Launches 20 New Tools and Garden Machines on Updated Battery Platform Clas Ohlson launched 20 new tools and garden machines on updated battery platform. Company is relaunching its own battery platform, Cocraft LXC, with an entirely new range of value-for money battery-powered tools and garden equipment. Among the new products is a drill, which comes with a charger and battery, for 499 SEK, and a battery-powered grass trimmer for 799 SEK, including the battery and charger. Many of the products feature brushless motors, making them more energy-efficient and significantly increasing their longevity. The new Cocraft LXC range includes 18V Lithium-Ion batteries with capacities of 2.0 Ah, 4.0 Ah, and 6.0 Ah. All batteries are compatible with the battery-powered tools Clas Ohlson has previously sold. The new Cocraft LXC range will be available in Clas Ohlson stores from March onwards. Later this year, another ten products will be added to the series. Announcement • Jan 15
Clas Ohlson AB (publ), Annual General Meeting, Sep 12, 2025 Clas Ohlson AB (publ), Annual General Meeting, Sep 12, 2025. Announcement • Jun 06
Clas Ohlson AB (Publ) Proposes Dividend Clas Ohlson AB (publ) proposed dividend of SEK 4.75. The Board's proposal to distribute SEK 4.25 per share means an increase of the dividend by SEK 2.75 per share compared to last year. Announcement • Jan 25
Clas Ohlson AB (publ) Announces Appointment of Nomination Committee Clas Ohlson AB (publ) announced Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee. Prior to the 2024 Annual General Meeting, Clas Ohlson's Nomination Committee will comprise the following members: Kenneth Bengtsson, Chairman of the Board of Clas Ohlson AB Malin Persson, nominated by the Haid owner family (chairman) Johan Ståhl, nominated by the Tidstrand owner family Fredrik Ahlin, If Skadeförsäkring AB Richard Torgerson, Nordea Funds The Nomination Committee's assignment is to present to the coming Annual General Meeting proposals concerning the election of the Chairman of the Board and other Board members and regarding the choice of auditors, as well as fees and other remuneration for Board assignments to each of the Board members and to the auditor. The Nomination Committee is also to submit proposals concerning the Chairman of the Annual General Meeting. Announcement • Nov 23
Clas Ohlson AB (publ) to Report Fiscal Year 2024 Results on Jun 05, 2024 Clas Ohlson AB (publ) announced that they will report fiscal year 2024 results on Jun 05, 2024 Announcement • Nov 22
Clas Ohlson AB (publ), Annual General Meeting, Sep 06, 2024 Clas Ohlson AB (publ), Annual General Meeting, Sep 06, 2024. Announcement • Nov 09
Clas Ohlson AB (publ) (OM:CLAS B) acquired 91% of the shares in Spares Nordic AB from Verdane. Clas Ohlson AB (publ) (OM:CLAS B) entered into an agreement to acquire 91% of the shares in Spares Nordic AB from Verdane for approximately SEK 500 million on October 2, 2023.The initial purchase price for 91% of the shares in Spares corresponds to SEK 430 million. There is an additional purchase price of up to SEK 225 million subject to the fulfilment of certain growth and profitability targets during a period that ends at the earliest on May 31, 2024, and at the latest on July 31, 2024. At full additional purchase price, the multiple can amount to a maximum of 10.5x Spares’ EBITA. The deal is financed through bank facilities and cash. Verdane, which has been the main owner of the company since 2018, as well as certain minor shareholders including Spares management. In conjunction with the transaction, the company's CEO Talal Alshammari and several key employees are reinvesting a significant part of their shareholdings. Spares will continue to run operations as a separate company under a decentralised structure and will be consolidated into the Clas Ohlson Group. The transaction is subject to customary regulatory approvals and closing conditions. The initial purchase price shall be paid upon closing, which is expected to take place in November 2023. Carnegie Investment Bank AB (publ) acted as financial advisor, Advokatfirman Lindahl acted as legal advisor, ARC provided commercial and digital assistance , PricewaterhouseCoopers Sweden acted as accountant to Clas Ohlson AB (publ) (OM:CLAS B).
Clas Ohlson AB (publ) (OM:CLAS B) acquired 91% of the shares in Spares Nordic AB from Verdane on November 8, 2023. Announcement • Sep 09
Clas Ohlson AB (Publ) Approves Dividend, Payable 15 September 2023 Clas Ohlson AB (publ) announced that the Board's proposed dividend to shareholders of SEK 1.50 per share was approved. The record date was set as 12 September 2023. Payment of the dividend is expected to be made from Euroclear Sweden AB on 15 September 2023. Announcement • Aug 03
Clas Ohlson AB (Publ) Proposes Dividend, Payable 12 September 2023 The Board of Clas Ohlson AB (publ) proposes a dividend of SEK 1.50 per share, corresponding to a total of SEK 98,400,000. The proposed record date for payment of the dividend is 12 September 2023. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed from Euroclear Sweden AB on 15 September 2023. Announcement • Jun 14
Clas Ohlson AB (publ) to Report Fiscal Year 2023 Results on Jul 07, 2023 Clas Ohlson AB (publ) announced that they will report fiscal year 2023 results at 11:00 AM, Central European Standard Time on Jul 07, 2023 Announcement • Jan 19
Clas Ohlson AB Announces Nomination Committee Appointments Clas Ohlson AB announced in accordance with the applicable nomination procedure, as adopted by the Annual General Meeting, Clas Ohlson’s Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee. Prior to the 2023 Annual General Meeting, Clas Ohlson’s Nomination Committee will comprise the following members: Kenneth Bengtsson, Chairman of the Board of Clas Ohlson AB; Malin Persson, nominated by the Haid owner family (chairman); Johan Ståhl, nominated by the Tidstrand owner family; Ricard Wennerklint, nominated by If Skadeförsäkring AB; and Richard Torgerson, nominated by Nordea Funds. The composition of the Nomination Committee is based on the owner relationship at 30 September 2022. The Nomination Committee represents approximately 72% of the total number of company shares (votes). The above Nomination Committee will serve until a new Nomination Committee has been elected. Announcement • Jul 06
Clas Ohlson AB (publ) to Report Q4, 2023 Results on Jun 08, 2023 Clas Ohlson AB (publ) announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Jun 08, 2023 Recent Insider Transactions • Mar 11
Independent Director recently bought kr239k worth of stock On the 9th of March, Mengmeng Du bought around 3k shares on-market at roughly kr95.72 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr616k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 10
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: kr2.83b (up 7.4% from 3Q 2021). Net income: kr286.7m (up 8.2% from 3Q 2021). Profit margin: 10% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.4%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 20
Chief Financial Officer recently sold kr625k worth of stock On the 13th of January, Par Christiansen sold around 5k shares on-market at roughly kr125 per share. This was the largest sale by an insider in the last 3 months. This was Par's only on-market trade for the last 12 months. Upcoming Dividend • Jan 03
Upcoming dividend of kr3.12 per share Eligible shareholders must have bought the stock before 10 January 2022. Payment date: 14 January 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 10
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: kr2.34 (up from kr1.65 in 2Q 2021). Revenue: kr2.12b (up 4.0% from 2Q 2021). Net income: kr148.1m (up 42% from 2Q 2021). Profit margin: 7.0% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 4.7%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 10
Full year 2021 earnings released: EPS kr6.66 (vs kr5.94 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: kr8.28b (down 5.4% from FY 2020). Net income: kr421.7m (up 12% from FY 2020). Profit margin: 5.1% (up from 4.3% in FY 2020). The increase in margin was driven by lower expenses. Like-for-like sales growth: Down 1.0% vs FY 2020 Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 16
Independent Director recently bought kr495k worth of stock On the 11th of June, Hakan Lundstedt bought around 5k shares on-market at roughly kr93.39 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr499k more in shares than they have sold in the last 12 months. Reported Earnings • Jun 06
Full year 2021 earnings released: EPS kr6.66 (vs kr5.94 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: kr8.28b (down 5.4% from FY 2020). Net income: kr421.7m (up 12% from FY 2020). Profit margin: 5.1% (up from 4.3% in FY 2020). The increase in margin was driven by lower expenses. Like-for-like sales growth: Down 1.0% vs FY 2020 Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue misses expectations Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to stay flat compared to a 6.3% growth forecast for the Specialty Retail industry in the United Kingdom. Reported Earnings • Mar 11
Third quarter 2021 earnings released: EPS kr4.18 (vs kr4.47 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr2.64b (down 9.3% from 3Q 2020). Net income: kr264.9m (down 6.4% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 12
New 90-day low: kr74.55 The company is down 11% from its price of kr83.75 on 13 November 2020. The British market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr149 per share. Is New 90 Day High Low • Jan 15
New 90-day low: kr76.13 The company is down 10.0% from its price of kr84.80 on 16 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr149 per share. Is New 90 Day High Low • Dec 15
New 90-day low: kr77.50 The company is down 15% from its price of kr91.20 on 16 September 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr158 per share. 
