Stockmann - Company Announcement

Stockmann Group's sales in September and the Crazy Days campaign in October 2015

Helsinki, Finland, 2015-10-13 10:30 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 13.10.2015 at 11:30 EET 

The Stockmann Group's sales amounted to EUR 111.7 million in September 2015. At
comparable exchange rates, sales excluding Seppälä were down by 2.5 per cent.
The Russian rouble weakened in September by 52.5 per cent compared on the
previous year, and as a result, euro-denominated sales excluding Seppälä were
down by 8.4 per cent. 

Stockmann Retail
Stockmann Retail's sales were down by 10.9 per cent at comparable exchange
rates. Due to the weak Russian rouble, euro-denominated sales were down by 17.7
per cent. 

In Finland, sales were down by 11.3 per cent. The decline was mainly due to
withdrawing from the own electronics product category. Excluding electronics,
department stores' sales were down 4 per cent. Stockmann's sales in fashion
were, however, better than the weak general fashion market development. 

In international operations, sales were down by 9.5 per cent at comparable
exchange rates. Due to the significantly weaker Russian rouble,
euro-denominated sales were down by 31.3 per cent. 

Lindex
Lindex's sales were up 6.9 per cent at comparable exchange rates. Sales
increased in most of the markets, and particularly well in the biggest market,
Sweden. Euro-denominated sales were up 3.9 per cent. 

Crazy Days campaign in October
The Crazy Days campaign was held in the Stockmann department stores and online
store on 7-11 October. Campaign sales were up 4.0 percent at comparable
exchange rates, excluding the product categories from which Stockmann has
withdrawn (electronics and books). Sales performance was particularly strong in
Finland both in online and department stores, and fashion and food achieved the
best growth of all product categories. 

The campaign's comparable sales were up 1.1 per cent in Finland, but were down
by 3.6 per cent in the Baltic countries. In Russia, the sales in rouble were up
14.5 per cent, but euro-denominated sales were down by 17.9 per cent. The total
euro-denominated sales were down by 5.4 per cent due to the weak rouble. 

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. 


Sales (exclusive of VAT) in September

                                           9/2015  Change-%   1-9/2015  Change-%
                                        EUR mill.            EUR mill.          
Stockmann Retail, Finland                    42.0     -11.3      434.8      -9.2
Stockmann Retail,                            15.1     -31.3      184.6     -20.5
international operations                                                        
Stockmann Retail, total                      57.1     -17.7      619.4     -12.9
Lindex, total                                54.6       3.9      465.6      -1.8
Operations in Finland, total*                47.4     -17.5      498.7     -13.9
Operations in Finland, excl. Seppälä         47.4     -10.2      486.8      -8.3
International operations, total*             64.3      -9.5      602.4     -10.9
International operations, excl.              64.3      -7.0      598.2      -8.6
 Seppälä                                                                        
Stockmann, total*                           111.7     -13.1    1 101.1     -12.3
Stockmann, total excl. Seppälä              111.7      -8.4    1 085.0      -8.5



* Includes Seppälä until 31 March 2015.
Change-%: change compared with the corresponding period of the previous year.

Further information:
Lauri Veijalainen, CFO, tel. +358 9 121 5062

www.stockmanngroup.com


STOCKMANN plc

Per Thelin
CEO


Distribution:
Nasdaq Helsinki
Principal media