Q3 2023 Clas Ohlson AB Earnings Call Transcript
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Good morning, and welcome to the Clas Ohlson Q3 report. My name is Kristofer Tonstrom, I'm CEO. And I'm here with Pernilla Walfridsson, CFO. And we'll, as always, start with a short business update, go through the financial development, the events after the reporting period, then I'll wrap up before we move into Q&A.
So looking at calendar year 2022. Obviously, it's been a year which I've described before as very much of a perfect storm. And during this time, we have -- the full team from Clas Ohlson has spent a lot of time on focusing on the things that we really can influence. And we'll show today that we are making a lot of progress on areas that we can influence ourselves so that, when macro starts churning, then we're going to be able to also deliver a disproportionate shareholder return.
So looking at the quarter, just snapshots. Total sales grew 4%, close to SEK 3 billion, and organic sales 2%. Our operating profit came in at SEK 215 million, and
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