Trading days per quarter

Seasonal variations

Ahlsell’s sales are affected by seasonal variations to a certain extent. Sales are strongest in the second and fourth quarters. Sales are affected by the number of trading days in a quarter. The quarter in which Easter falls (Q1 or Q2) will have lower sales. The Easter effect means that Ahlsell’s sales are lower on the trading days during Easter week. Sales are adversely affected as there is a decline in market activity on these days. The Easter effect varies in severity from country to country, and is strongest in Norway and weakest in Finland. In both Q2 2017 and in Q1 2018, Ahlsell estimated that the Easter effect represented the loss of about one trading day for the Group.

	Q1	Q2	Q3	Q4	H1	H2	Year
2016
Sweden	61	62	66	64	123	130	253
Norway	61	62	66	64	123	130	253
Finland	61	63	66	63	124	129	253
Denmark	61	61	66	64	122	130	252

2017
Sweden	64	59	65	63	123	128	251
Norway	65	58	65	63	123	128	251
Finland	64	60	65	62	124	127	251
Denmark	65	58	65	63	123	128	251

2018*
Sweden	63	60	65	62	123	127	250
Norway	62	60	65	62	122	127	249
Finland	63	61	65	62	124	127	251
Denmark	62	60	65	62	122	127	249

2019*
Sweden	63	59	66	62	122	128	250
Norway	63	58	66	62	121	128	249
Finland	63	60	66	62	123	128	251
Denmark	63	58	66	62	121	128	249

2020*
Sweden	63	60	66	63	123	129	252
Norway	64	59	66	63	123	129	252
Finland	63	60	66	64	123	130	253
Denmark	64	57	66	63	121	129	250

2021*
Sweden	62	61	66	64	123	130	253
Norway	63	59	66	64	122	130	252
Finland	62	61	66	64	123	130	253
Denmark	63	58	66	64	121	130	251

* Preliminary numbers