Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN FEBRUARY 2011

Helsinki, Finland, 2011-03-11 08:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.3.2011 at 9:00 EET 

The Stockmann Group's revenue in February increased by 8.6 per cent and was EUR
125.1 million. 

The Department Store Division's revenue increased by 11.5 per cent; up 4.4 per
cent in Finland and up 37.9 per cent abroad. Revenue increased in all markets.
In Russia, the euro-denominated revenue increased by 53.9 per cent particularly
due to sales in the new department store in St Petersburg. The department
stores in the Baltic countries continued to show a positive sales trend. 

Lindex's euro-denominated revenue increased by 6.5 per cent. Revenue in Finland
was down 3.4 per cent and up 7.8 per cent abroad. The strongest growth was
again seen in the new markets in Russia, the Czech Republic, and Slovakia. 

Seppälä's revenue was down 8.0 per cent; down 6.8 per cent in Finland and down
10.1 per cent abroad. First spring collection deliveries to the Russian market
were delayed. 


Revenue (exclusive of VAT) in February


                                                2/2011  Change  1-2/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
--------------------------------------------------------------------------------
Department Store Division, Finland                59.8     4.4     119.2     5.4
Department Store Division, international          21.3    37.9      50.0    39.2
 operations                                                                     
Department Store Division, total                  81.1    11.5     169.2    13.5
Lindex, Finland                                    3.8    -3.4       8.4    -1.1
Lindex, international operations                  32.3     7.8      67.6     7.4
Lindex, total                                     36.1     6.5      76.1     6.4
Seppälä, Finland                                   5.2    -6.8      11.2   -12.2
Seppälä, international operations                  2.7   -10.1       6.1   -11.2
Seppälä, total                                     7.9    -8.0      17.3   -11.9
Other operations                                   0.0               0.1        
Operations in Finland, total                      68.8     3.0     138.9     3.3
International operations, total                   56.3    16.3     123.7    17.0
Stockmann total                                  125.1     8.6     262.6     9.3

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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