Stockmann - Company Announcement

Stockmann Group's revenue in February 2013

Helsinki, Finland, 2013-03-13 14:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 13.3.2013 at 15:00 EET 

The Stockmann Group's revenue amounted to EUR 131.2 million in February 2013.
Revenue, excluding the terminated franchising operations in Russia, was down
3.8 per cent. February had one sales day less than in 2012 due to the previous
year's leap day. This affected revenue negatively by approximately 4 percentage
points. The general retail market was weak during the whole month in particular
in Finland. 

The Department Store Division's revenue, excluding the terminated franchising
operations in Russia, was down 4.8 per cent: down 6.3 per cent in Finland and
down 1.0 per cent in international operations. Revenue was on a par with the
previous year in the Russian department stores. 

The Fashion Chain Division's revenue was down 1.8 per cent; down 11.7 per cent
in Finland and up 0.8 per cent in international operations. Lindex's
euro-denominated revenue was up 1.8 per cent. Revenue in local currencies was
down 3.2 per cent. Revenue grew in Russia as well as in Baltic and Eastern
European markets but was down in the Nordic countries. Seppälä's revenue was
down 18.2 per cent. Performance was weaker than in the previous year in all
countries. 

Revenue (exclusive of VAT) in February

                                       2/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated                                    franchising*
Department Store Division, Finland       57.9    -6.3              -6.3
Department Store Division,               25.5    -3.9              -1.0
international operations                                               
Department Store Division, total         83.4    -5.6              -4.8
Fashion Chain Division, Finland           8.9   -11.7             -11.7
Fashion Chain Division,                  38.9     0.8               0.8
international operations                                               
Fashion Chain Division, total            47.8    -1.8              -1.8
Other operations                         -0.1                          
Operations in Finland, total             66.8    -7.2              -7.2
International operations, total          64.3    -1.1               0.1
Stockmann total                         131.2    -4.3              -3.8


Revenue (exclusive of VAT) in January-February

                                     1-2/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated
                                                           franchising*
Department Store Division, Finland      121.1    -1.5              -1.5
Department Store Division,               59.7    -4.0              -0.3
international operations                                               
Department Store Division, total        180.8    -2.3              -1.1
Fashion Chain Division, Finland          20.3    -8.8              -8.8
Fashion Chain Division,                  82.2     1.9               1.9
international operations                                               
Fashion Chain Division, total           102.5    -0.4              -0.4
Other operations                         -0.1                          
Operations in Finland, total            141.3    -2.8              -2.8
International operations, total         141.9    -0.7               1.0
Stockmann total                         283.2    -1.7              -0.9Change-%: change compared with the corresponding period of the previous year.
*Change compared with the revenue excluding the terminated Bestseller
franchising operations in Russia in 2012. 

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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