Stockmann - Company Announcement

Stockmann Group's revenue in September 2012

Helsinki, Finland, 2012-10-09 09:45 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 9.10.2012 at 10:45 EET 

The Stockmann Group's revenue in September was up 9.1 per cent to EUR 172.1
million. 

The Department Store Division's revenue grew by 4.8 per cent; up 3.5 per cent
in Finland and 7.8 per cent in international operations. Growth continued
strongest in the newest department stores in St Petersburg and Ekaterinburg.
The euro-denominated revenue in Russia increased by 12.4 per cent in the
department stores and by 6.9 per cent in total, when including the Bestseller
franchising stores which will be closed down by the end of 2012. 

The Fashion Chain Division's revenue grew by 15.3 per cent; up 1.0 per cent in
Finland and 18.8 per cent in international operations. Lindex's
euro-denominated revenue was up 18.7 per cent due to a very successful campaign
and collection with Missoni. Also the strengthened Swedish krona and Norwegian
krone increased revenue in euro. In local currencies revenue was up 12.3 per
cent. Seppälä's revenue was down 1.5 per cent. Revenue was somewhat down in
Finland and Russia but improved strongly in the Baltic countries. 

Revenue (exclusive of VAT) in September


                                                9/2012  Change  1-9/2012  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                67.2     3.5     594.3     2.7
Department Store Division, international          30.3     7.8     284.7    14.2
 operations                                                                     
Department Store Division, total                  97.5     4.8     879.1     6.1
Fashion Chain Division, Finland                   13.1     1.0     123.4     5.4
Fashion Chain Division,                           61.5    18.8     469.4     8.3
international operations                                                        
Fashion Chain Division, total                     74.6    15.3     592.8     7.7
Other operations                                   0.1               0.4        
Operations in Finland, total                      80.3     3.1     718.2     3.1
International operations, total                   91.8    14.9     754.1    10.4
Stockmann total                                  172.1     9.1   1 472.3     6.8


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.com



STOCKMANN plc

Hannu Penttilä
CEO


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