Stockmann - Company Announcement

Stockmann Group's sales in April 2015

Helsinki, Finland, 2015-05-15 12:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 15.5.2015 at 13:00 EET 

The Stockmann Group's sales amounted to EUR 136.9 million in April 2015. Sales
were down by 23.5 per cent on the previous year at comparable exchange rates.
Euro-denominated sales were down by 26.1 per cent. The decline was due to the
timing of the Crazy Days campaign in Finland; this year the campaign was held
in March, instead of April as in the previous year. In March 2015, the Group's
sales were up 17.0 per cent at comparable exchange rates due to the timing of
the campaign. 

Stockmann Retail
Stockmann Retail's sales were down by 30.1 per cent at comparable exchange
rates. Euro-denominated sales were down by 32.5 per cent. 

In Finland, sales were down by 46.3 per cent due to the timing of the Crazy
Days campaign. Withdrawing from the own electronics product category also
affected the sales negatively. In March, Stockmann Retail's sales increased by
41.6 per cent in Finland due to the Crazy Days campaign. 

In international operations, sales were up 2.5 per cent at comparable exchange
rates. Euro-denominated sales were down by 7.5 per cent due to the weak rouble. 

Fashion Chains
Lindex's sales were up 1.1 per cent at comparable exchange rates with the best
performance in the eastern Central Europe. Due to currency effects,
euro-denominated sales were down by 2.6 per cent. 

From April onwards, the Fashion Chains division includes only Lindex, since
Seppälä was divested on 1 April 2015. 

The Group's sales figures include merchandise sales exclusive VAT in Stockmann
Retail's and Fashion Chains' stores. The figure does not include other
operating income such as rental income or service fees. 

Sales (exclusive of VAT) in April

                                    4/2015  Change-%   1-4/2015  Change-%
                                 EUR mill.            EUR mill.          
Stockmann Retail, Finland             43.8     -46.3      216.0      -8.6
Stockmann Retail,                     41.7      -7.5       96.8     -18.8
international operations                                                 
Stockmann Retail, total               85.5     -32.5      312.9     -12.0
Lindex, total                         51.2      -2.6      177.5      -3.7
Operations in Finland, total          49.1     -46.0     247.6*      -9.7
International operations, total       87.8      -7.0     258.2*     -11.9
Stockmann total                      136.9     -26.1     505.8*     -10.8


* Includes Seppälä until 31 March 2015.
Change-%: change compared with the corresponding period of the previous year.

Further information:
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351
Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558

www.stockmanngroup.com


STOCKMANN plc

Nora Malin
Director, Corporate Communications


Distribution:
Nasdaq Helsinki
Principal media