Stockmann - Company Announcement

Stockmann Group's revenue in November 2011

Helsinki, Finland, 2011-12-12 10:15 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 12.12.2011 at 11:15 EET 

The Stockmann Group's revenue in November increased by 6.6 per cent and was EUR
163.2 million. 

The Department Store Division's revenue increased by 6.4 per cent. Revenue was
up 2.2 per cent in Finland and 18.0 per cent in international operations. The
euro-denominated revenue of Russian operations increased by 21.2 per cent.
Stockmann's Nevsky Centre shopping centre and department store in St Petersburg
were opened in November 2010, which explains the stabilized growth compared
with the previous months of the year. Revenue growth continued in all
department stores in Russia and in the Baltic countries. 

Lindex's revenue was up 6.7 per cent; up 12.1 per cent in Finland and 6.1 per
cent in international operations. The euro-denominated revenue in Sweden was on
a par with the previous year and developed very well in all other markets. 

Seppälä's revenue was up 7.6 per cent. Revenue turned into growth of 7.2 per
cent in Finland. In international operations revenue was up 8.4 per cent and
growth was seen in all markets. 


Revenue (exclusive of VAT) in November


                                               11/2011  Change  1-11/201  Change
                                                                       1        
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                72.6     2.2     751.4     4.6
Department Store Division, international          30.0    18.0     331.6    39.7
 operations                                                                     
Department Store Division, total                 102.6     6.4   1 083.0    13.4
Lindex, Finland                                    5.6    12.1      62.1     4.4
Lindex, international operations                  44.1     6.1     488.0     8.0
Lindex, total                                     49.7     6.7     550.1     7.5
Seppälä, Finland                                   7.3     7.2      81.1    -2.3
Seppälä, international operations                  3.5     8.4      45.1     2.3
Seppälä, total                                    10.8     7.6     126.2    -0.7
Other operations                                   0.0               0.4        
Operations in Finland, total                      85.6     3.3     895.0     4.0
International operations, total                   77.6    10.5     864.6    17.9
Stockmann total                                  163.2     6.6   1 759.6    10.4


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

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