Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN MAY 2011

Helsinki, Finland, 2011-06-13 09:45 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 13.6.2011 at 10:45 EET The Stockmann Group's revenue in
May increased by 12.1 per cent and was EUR 158.6 million.The Department Store
Division's revenue increased by 15.1 per cent. Revenue was up 8.1 per cent in
Finland, boosted by good development in the distance retail business. In
international operations revenue was up 39.4 per cent. The euro-denominated
revenue increased by 53,3 per cent in Russia.Lindex's euro-denominated revenue
increased by 11.4 per cent; up 0.9 per cent in Finland and 12.9 per cent
abroad. The revenue growth was strongest in Russia.Seppälä's revenue was down
2.7 per cent. The decrease was 8.0 per cent in Finland. Revenue was up 8.8 per
cent abroad with the strongest growth seen in Russia.Revenue (exclusive of VAT)
in May 

                                                5/2011  Change  1-5/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Department Store Division, Finland                64.7     8.1     335.8     5.4
Department Store Division, international          24.1    39.4     141.7    40.7
 operations                                                                     
Department Store Division, total                  88.8    15.1     477.5    13.8
Lindex, Finland                                    6.6     0.9      25.4     2.1
Lindex, international operations                  50.1    12.9     207.0    10.9
Lindex, total                                     56.7    11.4     232.4     9.9
Seppälä, Finland                                   8.5    -8.0      32.9    -9.2
Seppälä, international operations                  4.6     8.8      18.7    -2.8
Seppälä, total                                    13.1    -2.7      51.6    -7.0
Other operations                                   0.0               0.1        
Operations in Finland, total                      79.8     5.5     394.3     3.7
International operations, total                   78.9    19.6     367.4    19.8
Stockmann total                                  158.6    12.1     761.6    10.9


Change-%: change compared with the corresponding period of the previous year.

Further information:Hannu Penttilä, CEO, tel. +358 9 121 5801Pekka Vähähyyppä,
CFO, tel. +358 9 121 3351 


www.stockmanngroup.fi



STOCKMANN plc

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