Stockmann - Company Announcement

Stockmann Group's revenue in December and for full year 2012

Helsinki, Finland, 2013-01-09 08:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 9.1.2013 at 9:00 EET 

The Stockmann Group's preliminary revenue in December increased by 1,9 per cent
and was EUR 250.3 million. 

The Department Store Division's revenue increased by 3.0 per cent. Revenue for
department stores and Stockmann online store in Finland was up 2.8 per cent.
The division's total revenue in Finland was up 0.7 per cent due to Hobby Hall's
weak sales. Revenue in international operations was up 8.8 per cent. The
euro-denominated revenue in Russia increased by 13.1 per cent in the department
stores and by 8.2 per cent in total, when including the Bestseller franchising
stores which were closed down by the end of 2012. 

Fashion Chain Division's revenue was on par with the previous year; down 8.1 in
Finland and up 2.5 per cent in international operations. Lindex's
euro-denominated revenue was up 1.9 per cent. The development was weak in the
main markets and as a result, revenue in local currencies was down 3.4 per
cent. Outside the Nordic countries strong growth continued. Seppälä's revenue
was down 7.9 per cent. As in the previous months, revenue was down in Finland
and Russia and up in the Baltic countries. 

Share of international operations exceeds half of the full year's revenue

The Stockmann Group's preliminary revenue for the full year 2012 increased by
5.6 per cent to EUR 2 116.9 million. This was the first year in Stockmann's
history when revenue from international operations was higher than revenue from
Finland. International operations accounted for 50.5 per cent of the total in
2012. 

Revenue in 2012 was up 5.3 per cent in the Department Store Division with
international operations growing by 12.2 per cent and operations in Finland
growing by 2.3 per cent. Revenue in the Fashion Chain Division was up 6.0 per
cent, with Lindex growing by 7.5 per cent, and Seppälä's revenue on a par with
2011. Lindex's revenue in local currencies was up 2.8 per cent with growth in
all markets except in Norway. 

Stockmann will publish its financial statement bulletin on 13 February 2013 at
8 a.m. EET. The company's full financial statements and an electronic version
of the Annual Report 2012 will be published in the week starting on 25 February
2013. The monthly revenue releases for 2013 will be published on or around the
9th working day of the following month. 

Revenue (exclusive of VAT) in December

                                               12/2012  Change  1-12/201  Change
                                                                       2        
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland               110.7     0.7     881.0     2.3
Department Store Division, international          47.9     8.8     421.4    12.2
 operations                                                                     
Department Store Division, total                 158.6     3.0   1 302.4     5.3
Fashion Chain Division, Finland                   19.5    -8.1     167.3     1.8
Fashion Chain Division,                           72.2     2.5     646.7     7.2
international operations                                                        
Fashion Chain Division, total                     91.7     0.0     814.0     6.0
Other operations                                   0.0               0.5        
Operations in Finland, total                     130.2    -0.8   1 048.8     2.2
International operations, total                  120.1     4.9   1 068.1     9.1
Stockmann total                                  250.3     1.9   2 116.9     5.6

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.com



STOCKMANN plc

Hannu Penttilä
CEO


Distribution:
NASDAQ OMX
Principal media