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2013-03-13 14:00:00 CET 2013-03-13 14:00:10 CET REGULATED INFORMATION Stockmann - Company AnnouncementStockmann Group's revenue in February 2013Helsinki, Finland, 2013-03-13 14:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc, Company Announcement 13.3.2013 at 15:00 EET The Stockmann Group's revenue amounted to EUR 131.2 million in February 2013. Revenue, excluding the terminated franchising operations in Russia, was down 3.8 per cent. February had one sales day less than in 2012 due to the previous year's leap day. This affected revenue negatively by approximately 4 percentage points. The general retail market was weak during the whole month in particular in Finland. The Department Store Division's revenue, excluding the terminated franchising operations in Russia, was down 4.8 per cent: down 6.3 per cent in Finland and down 1.0 per cent in international operations. Revenue was on a par with the previous year in the Russian department stores. The Fashion Chain Division's revenue was down 1.8 per cent; down 11.7 per cent in Finland and up 0.8 per cent in international operations. Lindex's euro-denominated revenue was up 1.8 per cent. Revenue in local currencies was down 3.2 per cent. Revenue grew in Russia as well as in Baltic and Eastern European markets but was down in the Nordic countries. Seppälä's revenue was down 18.2 per cent. Performance was weaker than in the previous year in all countries. Revenue (exclusive of VAT) in February 2/2013 Change Change-% EUR mill. % excl. terminated franchising* Department Store Division, Finland 57.9 -6.3 -6.3 Department Store Division, 25.5 -3.9 -1.0 international operations Department Store Division, total 83.4 -5.6 -4.8 Fashion Chain Division, Finland 8.9 -11.7 -11.7 Fashion Chain Division, 38.9 0.8 0.8 international operations Fashion Chain Division, total 47.8 -1.8 -1.8 Other operations -0.1 Operations in Finland, total 66.8 -7.2 -7.2 International operations, total 64.3 -1.1 0.1 Stockmann total 131.2 -4.3 -3.8 Revenue (exclusive of VAT) in January-February 1-2/2013 Change Change-% EUR mill. % excl. terminated franchising* Department Store Division, Finland 121.1 -1.5 -1.5 Department Store Division, 59.7 -4.0 -0.3 international operations Department Store Division, total 180.8 -2.3 -1.1 Fashion Chain Division, Finland 20.3 -8.8 -8.8 Fashion Chain Division, 82.2 1.9 1.9 international operations Fashion Chain Division, total 102.5 -0.4 -0.4 Other operations -0.1 Operations in Finland, total 141.3 -2.8 -2.8 International operations, total 141.9 -0.7 1.0 Stockmann total 283.2 -1.7 -0.9Change-%: 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. 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 |
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