Stockmann - Company Announcement

Stockmann Group's revenue in May 2013

Helsinki, Finland, 2013-06-13 10:30 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 13.6.2013 at 11:30 EET 

The Stockmann Group's revenue amounted to EUR 167.8 million in May 2013.
Revenue, excluding the terminated franchising operations in Russia and Finland,
was up 3.9 per cent. 

The Department Store Division's revenue, excluding the terminated franchising
operations, was up 4.7 per cent. In Finland revenue grew by 3.3 per cent
despite various construction works affecting Itäkeskus, Tampere and Tapiola
department stores. Euro-denominated revenue in international operations was up
8.0 per cent with good performance in the Baltic countries and in particular in
Russia. 

Fashion Chain Division's revenue was up 3.2 per cent; down 3.6 per cent in
Finland and up 5.0 per cent in international operations. Lindex's
euro-denominated revenue was up 6.1 per cent, partly due to the strengthened
Swedish krona. Revenue in local currencies was up 4.6 per cent. The spring
collections were well-received and resulted in revenue growth in all countries.
Seppälä's revenue was down 10.3 per cent. Revenue continued to decline in all
countries. 

Revenue (exclusive of VAT) in May


                                       5/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated
                                                           franchising*
Department Store Division, Finland       63.7     0.1               3.3
Department Store Division,               26.3     3.2               8.0
international operations                                               
Department Store Division, total         90.0     1.0               4.7
Fashion Chain Division, Finland          15.6    -3.6              -3.6
Fashion Chain Division,                  62.3     5.0               5.0
international operations                                               
Fashion Chain Division, total            77.9     3.2               3.2
Other operations                         -0.1                          
Operations in Finland, total             79.2    -0.8               1.7
International operations, total          88.6     4.4               5.9
Stockmann total                         167.8     1.9               3.9


Revenue (exclusive of VAT) in January-May


                                     1-5/2013  Change          Change-%
                                    EUR mill.       %  excl. terminated
                                                           franchising*
Department Store Division, Finland      340.1    -1.8              -0.4
Department Store Division,              168.0    -0.6               3.0
international operations                                               
Department Store Division, total        508.1    -1.4               0.7
Fashion Chain Division, Finland          56.5   -11.8             -11.8
Fashion Chain Division,                 246.7     1.6               1.6
international operations                                               
Fashion Chain Division, total           303.3    -1.2              -1.2
Other operations                         -0.4                          
Operations in Finland, total            396.3    -3.5              -2.3
International operations, total         414.8     0.7               2.2
Stockmann total                         811.0    -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. 

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


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