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2012-03-09 09:45:00 CET 2012-03-09 09:45:15 CET REGULATED INFORMATION Stockmann - Company AnnouncementStockmann Group's revenue in February 2012Helsinki, Finland, 2012-03-09 09:45 CET (GLOBE NEWSWIRE) -- STOCKMANN plc, Company Announcement 9.3.2012 at 10:45 EET The Stockmann Group's revenue in February increased by 9.5 per cent and was EUR 137.0 million. This year February had one sales day more than in 2011. The Department Store Division's revenue increased by 8.8 per cent. Revenue was up 3.2 per cent in Finland and 24.6 per cent in international operations. The euro-denominated revenue of Russian operations increased by 30.5 per cent, boosted by very good comparable growth in the St Petersburg department store. Lindex's revenue was up 10.6 per cent; up 15.4 per cent in Finland and 10.0 per cent in international operations. Revenue in Sweden turned into growth after several months' slow performance. Strong growth continued in all other markets. Seppälä's revenue was up 11.4 per cent. Growth was 12.0 per cent in Finland and 10.1 per cent in international operations. Revenue grew in all operating countries. Revenue (exclusive of VAT) in February 2/2012 Change 1-2/2012 Change EUR mill. % EUR mill. % Department Store Division, Finland 61.7 3.2 122.8 3.1 Department Store Division, 26.5 24.6 62.2 24.5 international operations Department Store Division, total 88.2 8.8 185.0 9.4 Lindex, Finland 4.4 15.4 9.5 11.9 Lindex, international operations 35.6 10.0 73.4 8.6 Lindex, total 39.9 10.6 82.9 9.0 Seppälä, Finland 5.8 12.0 12.8 13.9 Seppälä, international operations 3.0 10.1 7.2 18.1 Seppälä, total 8.7 11.4 20.0 15.3 Other operations 0.0 0.1 Operations in Finland, total 71.9 4.6 145.1 4.5 International operations, total 65.1 15.5 142.9 15.5 Stockmann total 137.0 9.5 288.0 9.7 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 Distribution: NASDAQ OMX Principal media |
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