Stockmann - Company Announcement

Stockmann Group's sales in February 2015

Helsinki, Finland, 2015-03-12 15:15 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 12.3.2015 at 16:15 EET 

The Stockmann Group's sales amounted to EUR 99.5 million in February 2015.
Sales were up 0.8 per cent on the previous year at comparable exchange rates.
Euro-denominated sales were down by 6.4 per cent. 

Stockmann Retail
Stockmann Retail's sales were on a par with the previous year at comparable
exchange rates. Euro-denominated sales were down by 7.6 per cent. 

In Finland, sales development was better than during many previous months,
especially in the fashion and home merchandise areas. In total, sales were down
by 1.1 per cent in Finland. Sales in the online store stockmann.com were up
25.3 per cent. 

In international operations, sales were up 1.5 per cent at comparable exchange
rates. Euro-denominated sales were down by 22.6 per cent. In Russia, sales were
at the previous year's level in roubles, but euro-denominated sales were down
by 34.1 per cent. In the Baltic countries, sales were up. 

Fashion Chains
Fashion Chains' sales were up 2.7 per cent at comparable exchange rates.
Euro-denominated sales were down by 4.6 per cent. 

Lindex's sales at comparable exchange rates were up 5.2 per cent. Sales
increased in all other markets than in the Baltic countries and in Poland.
Euro-denominated sales were on a par with the previous year. Seppälä's
comparable* sales were down 14.5 per cent and euro-denominated sales were down
19.7 per cent. Seppälä will continue as part of the Stockmann Group until 1
April 2014. 

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. 

* Comparable sales = Sales at comparable exchange rates excluding closed and
opened stores over the past 12 months. 

Sales (exclusive of VAT) in February

                                    2/2015  Change-%   1-2/2015  Change-%
                                 EUR mill.            EUR mill.          
Stockmann Retail, Finland             43.5      -1.1       92.9      -5.9
Stockmann Retail,                     14.8     -22.6       36.8     -27.0
international operations                                                 
Stockmann Retail, total               58.3      -7.6      129.6     -13.1
Fashion Chains, Finland                7.6      -1.3       17.4      -6.6
Fashion Chains,                       33.6      -5.3       71.8      -7.7
international operations                                                 
Fashion Chains, total                 41.2      -4.6       89.2      -7.5
Operations in Finland, total          51.1      -1.2      110.3      -6.0
International operations, total       48.4     -11.4      108.6     -15.3
Stockmann total                       99.5      -6.4      218.9     -10.9



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