Stockmann - Company Announcement

Stockmann Group's revenue in August 2012

Helsinki, Finland, 2012-09-12 08:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 12.9.2012 at 9:00 EET 

The Stockmann Group's revenue in August was up 4.8 per cent to EUR 164.0
million. 

The Department Store Division's revenue was up 2.9 per cent. Revenue was up 1.1
per cent in Finland and 7.2 per cent in international operations. The growth
was lead by the department stores in St Petersburg and Ekaterinburg. The
euro-denominated revenue in Russia increased by 13.7 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 7.4 percent; up 5.6 per cent in
Finland and 7.9 per cent in international operations. Lindex's euro-denominated
revenue was up 8.9 per cent due to the strengthened Swedish krona and Norwegian
krone. In local currencies revenue was on a par with the previous year. Revenue
was down in Sweden and particularly in Norway, but continued to grow strongly
in all other countries. Seppälä's revenue was up 1.1 per cent due to good sales
in Finland and the Baltic countries but weaker development in Russia. 

Revenue (exclusive of VAT) in August

                                                8/2012  Change  1-8/2012  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                64.4     1.1     527.2     2.6
Department Store Division, international          27.6     7.2     254.4    15.0
 operations                                                                     
Department Store Division, total                  92.0     2.9     781.6     6.3
Fashion Chain Division, Finland                   14.8     5.6     110.3     6.0
Fashion Chain Division,                           57.2     7.9     407.9     6.9
international operations                                                        
Fashion Chain Division, total                     72.0     7.4     518.2     6.7
Other operations                                   0.0               0.4        
Operations in Finland, total                      79.2     1.9     637.8     3.2
International operations, total                   84.8     7.7     662.3     9.9
Stockmann total                                  164.0     4.8   1 300.1     6.5


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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