Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN MARCH 2011

Helsinki, Finland, 2011-04-11 12:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.4.2011 at 13:00 EET 

The Stockmann Group's revenue in March increased by 9.5 per cent and was EUR
144.9 million. 

The Department Store Division's revenue increased by 13.2 per cent. In Finland
revenue was up 6.1 per cent. Revenue increased abroad by 34.8 per cent, with a
continued solid growth in the Baltic department stores and a 44 per cent growth
in Russia, mostly due to the new department store in St Petersburg. A new
department store was opened in Ekaterinburg in Russia on 30 March 2011. 

Lindex's euro-denominated revenue increased by 7.0 per cent; up 2.3 per cent in
Finland and up 7.6 per cent abroad. Growth continued strongest in the new
markets of the Czech Republic, Slovakia and Russia. Also the strong Swedish
krona increased the euro-denominated revenue. 

Seppälä's revenue was down 5.3 per cent. The decrease was 5.6 per cent in
Finland and 4.9 per cent abroad. 


Revenue (exclusive of VAT) in March



                                                3/2011  Change  1-3/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Department Store Division, Finland                61.6     6.1     180.8     5.6
Department Store Division, international          25.4    34.8      75.4    37.7
 operations                                                                     
Department Store Division, total                  87.1    13.2     256.2    13.4
Lindex, Finland                                    4.9     2.3      13.4     0.1
Lindex, international operations                  42.3     7.6     109.9     7.5
Lindex, total                                     47.3     7.0     123.3     6.6
Seppälä, Finland                                   6.6    -5.6      17.8    -9.9
Seppälä, international operations                  4.0    -4.9      10.1    -8.8
Seppälä, total                                    10.6    -5.3      27.9    -9.5
Other operations                                   0.0               0.1        
Operations in Finland, total                      73.1     4.5     212.0     3.7
International operations, total                   71.8    15.0     195.5    16.2
Stockmann total                                  144.9     9.5     407.5     9.4


Change-%: change compared with the corresponding period of the previous year.

Further information:
Hannu Penttilä, CEO, tel. +358 9 121 5801
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351

www.stockmanngroup.fi


STOCKMANN plc

Hannu Penttilä
CEO

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