Orthex - Plastic for the World

Profitability last quarter was a positive surprise. I have been thinking that when raw material price pressure continues downwards, demand recovers, and marketing efforts do not necessarily need to be made at the same cost (there were already indications of this in Q3), then suddenly we are quite close to the EBITA target, or even >15%.

From Clas Ohlson’s latest sales report. Highlighting the CEO’s comment that sales in Finland, in particular, surprised positively. Sweden has had a more buoyant trend for a longer time.

Storage solutions are one of Clas Ohlson’s prioritized product categories.

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