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2012-12-12 14:15:00 CET 2012-12-12 14:15:05 CET REGULATED INFORMATION Stockmann - Company AnnouncementStockmann Group's revenue in November 2012STOCKMANN plc, Company Announcement 12.12.2012 at 15:15 EET The Stockmann Group's revenue in November was up 3.0 per cent to EUR 168.0 million. The Department Store Division's revenue grew by 3.1 per cent. Revenue was up 2.9 per cent in Finland and 3.6 per cent in international operations. The euro-denominated revenue in Russia increased by 10.6 per cent in the department stores and by 3.2 per cent in total, when including the Bestseller franchising stores which will be closed down by the end of 2012. The Fashion Chain Division's revenue grew by 2.8 per cent; down 5.4 per cent in Finland and up 5.0 per cent in international operations. Lindex's euro-denominated revenue was up 4.9 per cent due to the strengthened Swedish krona and Norwegian krone. In local currencies revenue was down 2.0 per cent, though growth continued in Russia and Eastern Europe. Seppälä's revenue was down 6.9 per cent. Revenue was again up in Estonia but declined in other markets. Revenue (exclusive of VAT) in November 11/2012 Change 1-11/201 Change 2 EUR % EUR % mill. mill. Department Store Division, Finland 74.7 2.9 770.3 2.5 Department Store Division, international 31.1 3.6 373.5 12.7 operations Department Store Division, total 105.8 3.1 1 143.9 5.6 Fashion Chain Division, Finland 12.2 -5.4 147.8 3.2 Fashion Chain Division, 50.0 5.0 574.5 7.8 international operations Fashion Chain Division, total 62.3 2.8 722.3 6.8 Other operations 0.0 0.5 Operations in Finland, total 86.9 1.6 918.6 2.6 International operations, total 81.1 4.5 948.0 9.6 Stockmann total 168.0 3.0 1 866.6 6.1 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.com STOCKMANN plc Hannu Penttilä CEO Distribution: NASDAQ OMX Principal media |
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