Stockmann - Company Announcement

Stockmann Group's revenue in July 2013

Helsinki, Finland, 2013-08-09 07:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 9.8.2013 at 8:00 EET 

The Stockmann Group's preliminary revenue amounted to EUR 146.0 million in July
2013. Excluding the terminated franchising operations in Russia and Finland,
revenue was on a par with the previous year. 

The Department Store Division's revenue, excluding the terminated franchising
operations, was down 3.1 per cent. Revenue was down 1.6 per cent in Finland,
where the Stockmann and Hobby Hall online stores however improved strongly.
Euro-denominated revenue in international operations was down 5.8 per cent due
to the weakened Russian rouble. Department stores' revenue in rouble was on a
par with the previous year in Russia. 

The Fashion Chain Division's revenue was up 3.7 per cent; down 3.9 per cent in
Finland and up 5.9 per cent in international operations. Lindex's
euro-denominated revenue was up 7.5 per cent with strong growth in all
countries. Revenue in local currencies was up 11.6 per cent. Seppälä's revenue
was down 11.8 per cent, partly due to several closed stores during the past 12
months. 

Revenue (exclusive of VAT) in July

                                       7/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated
                                                           franchising*
Department Store Division, Finland       50.9    -4.9              -1.6
Department Store Division,               27.2    -8.7              -5.8
international operations                                               
Department Store Division, total         78.1    -6.3              -3.1
Fashion Chain Division, Finland          14.5    -3.9              -3.9
Fashion Chain Division,                  53.4     5.9               5.9
international operations                                               
Fashion Chain Division, total            67.9     3.7               3.7
Other operations                         -0.1                          
Operations in Finland, total             65.4    -4.9              -2.3
International operations, total          80.6     0.5               1.7
Stockmann total                         146.0    -2.0              -0.1


Revenue (exclusive of VAT) in January-July

                                     1-7/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated
                                                           franchising*
Department Store Division, Finland      450.0    -2.8              -0.9
Department Store Division,              223.3    -1.5               2.0
international operations                                               
Department Store Division, total        673.3    -2.4               0.1
Fashion Chain Division, Finland          85.5   -10.4             -10.4
Fashion Chain Division,                 362.4     3.3               3.3
international operations                                               
Fashion Chain Division, total           448.0     0.4               0.4
Other operations                         -0.5                          
Operations in Finland, total            535.1    -4.2              -2.7
International operations, total         585.7     1.4               2.8
Stockmann total                       1 120.8    -1.4               0.1


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. 
The release is based on preliminary revenue figures in July 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