Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN APRIL 2011

Helsinki, Finland, 2011-05-10 08:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 10.5.2011 at 9:00 EET 

 The Stockmann Group's revenue in April increased by 13.3 per cent and was EUR
195.4 million. 

The Department Store Division's revenue increased by 13.8 per cent. Revenue was
up 2.9 per cent in Finland and 47.2 abroad where good development continued
both in Russia and the Baltic countries. The Crazy Days campaign reached new
sales records in all markets. The St Petersburg department store, where the
campaign was held for the first time, contributed in particular to the growth.
The new department store in Ekaterinburg operated for the first full month. 

Lindex's euro-denominated revenue increased by 16.7 per cent; up 9.2 per cent
in Finland and 17.7 per cent abroad. The revenue growth was strong in all
market areas due to improved market development and the successful launch of
the Styled by Rachel Zoe collection. 

Seppälä's revenue was down 5.2 per cent. The decrease was 8.9 per cent in
Finland but the sales improved towards the end of the month. In international
operations revenue turned into growth and was up 1.6 per cent in total. 


 Revenue (exclusive of VAT) in April


                                                4/2011  Change  1-4/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Department Store Division, Finland                90.4     2.9     271.1     4.7
Department Store Division, international          42.1    47.2     117.6    40.9
 operations                                                                     
Department Store Division, total                 132.5    13.8     388.7    13.5
Lindex, Finland                                    5.4     9.2      18.8     2.6
Lindex, international operations                  46.9    17.7     156.9    10.3
Lindex, total                                     52.3    16.7     175.6     9.4
Seppälä, Finland                                   6.6    -8.9      24.4    -9.6
Seppälä, international operations                  4.0     1.6      14.1    -6.1
Seppälä, total                                    10.6    -5.2      38.5    -8.4
Other operations                                   0.0               0.1        
Operations in Finland, total                     102.4     2.4     314.5     3.3
International operations, total                   93.0    28.5     288.5    19.9
Stockmann total                                  195.4    13.3     603.0    10.6


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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