Stockmann - Company Announcement

Stockmann Group's revenue in September 2013 and the Crazy Days campaign in October 2013

Helsinki, Finland, 2013-10-14 10:30 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 14.10.2013 at 11.30 EET 

The Stockmann Group's revenue amounted to EUR 154.8 million in September 2013.
Excluding the terminated franchising operations in Russia and Finland, revenue
was down 8.6 per cent on the previous year. The market environment continued to
be weak in Finland. The Russian, Swedish and Norwegian currencies also declined
against the euro. 

The Department Store Division's revenue was down 9.6 per cent, if the
terminated franchising operations are excluded. Revenue was down 11.3 per cent
in Finland. Euro-denominated revenue in international operations was down 6.1
per cent. Revenue in the Russian department stores was on a par with the
previous year in roubles. 

The Crazy Days campaign, which took place in all department stores and in the
online store in October, reached a new sales record with a growth of
approximately two per cent. The campaign's euro-denominated revenue improved in
all market areas, despite the weak Russian rouble. Sales were particularly up
in the online store in Finland. 

The Fashion Chain Division's revenue in September was down 7.2 per cent; down
10.0 per cent in Finland and down 6.6 per cent in international operations.
Lindex's euro-denominated revenue was 6.5 per cent less than a year earlier.
Revenue in local currencies was down 4.9 per cent. In 2012 Lindex had a very
successful Pink Ribbon campaign with Missoni in September. This year the Pink
Ribbon campaign started only in October. Seppälä's revenue was down 11.3 per
cent, partly due to several closed stores during the past 12 months. 

Revenue (exclusive of VAT) in September


                                       9/2013          Change-%  Change
                                    EUR mill.  excl. terminated       %
                                                   franchising*        
Department Store Division, Finland       57.7             -11.3   -14.2
Department Store Division,               27.8              -6.1    -8.4
international operations                                               
Department Store Division, total         85.5              -9.6   -12.4
Fashion Chain Division, Finland          11.8             -10.0   -10.0
Fashion Chain Division,                  57.6              -6.6    -6.6
international operations                                               
Fashion Chain Division, total            69.4              -7.2    -7.2
Unallocated                              -0.1                          
Operations in Finland, total             69.4             -11.2   -13.6
International operations, total          85.4              -6.4    -7.2
Stockmann total                         154.8              -8.6   -10.2


Revenue (exclusive of VAT) in January-September


                                     1-9/2013          Change-%  Change
                                    EUR mill.  excl. terminated       %
                                                   franchising*        
Department Store Division, Finland      565.7              -2.7    -4.8
Department Store Division,              274.7              -0.2    -3.5
international operations                                               
Department Store Division, total        840.5              -1.9    -4.4
Fashion Chain Division, Finland         110.6             -10.4   -10.4
Fashion Chain Division,                 478.8               2.0     2.0
international operations                                               
Fashion Chain Division, total           589.4              -0.6    -0.6
Unallocated                              -0.6                          
Operations in Finland, total            675.7              -4.2    -5.9
International operations, total         753.6               1.2    -0.1
Stockmann total                       1 429.3              -1.4    -2.9


Change-%: 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 and the Zara franchising operations in
Finland in spring 2013. 

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