Stockmann - Company Announcement

Stockmann Group's sales in January 2016

Helsinki, Finland, 2016-02-18 07:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 18.2.2016 at 8:00 EET 

The Stockmann Group's sales in January were down by 1.4 per cent and amounted
to EUR 85.0 million in the continuing product areas and businesses. The Group’s
total sales in January were EUR 102.2 million. 

Stockmann Retail's sales in the continuing product areas and businesses were
down by 10.1 per cent. The decline was according to plan and due to lower
merchandise volumes in the season sale than in the previous year. In Finland,
sales were down by 10.6 per cent and by 7.7 per cent in the Baltic countries.
Stockmann sold its department store business in Russia on 1 February 2016. The
Russian department store business is reported as discontinued operations. 

Lindex's sales were up 5.5 per cent at comparable exchange rates. The good
sales development continued, with growth in all countries except in Finland and
Russia. Euro-denominated sales were up 6.6 per cent, or 8.1 per cent excluding
Russia. 

Sales (exclusive of VAT) in January

                                       01/201       Change-%, continuing product
                                            6               areas and businesses
                                          EUR                                   
                                        mill.                                   
Stockmann Retail, Finland                33.5                              -10.6
Stockmann Retail,                         7.1                               -7.7
international operations                                                        
Stockmann Retail, total                  40.6                              -10.1
Lindex, total                            44.4                                8.1
Operations in Finland, total             38.5                               -9.9
International operations, total          46.5                                7.0
Stockmann, total, continuing product     85.0                               -1.4
 areas and businesses                                                           


Continuing product areas and businesses exclude Russian retail operations,
Seppälä, Hobby Hall, Stockmann Beauty, the airport store and the product areas
the company has withdrawn from in department stores (electronics, books, sports
equipment, toys and pet supplies). 

Stockmann’s total sales in January 2016 were EUR 102.2 million, including
retail business in Russia and Hobby Hall. In January 2015, sales were EUR 119.4
million, including also Seppälä and discontinued product areas in department
stores. 

Change-%: change compared with the corresponding period of the previous year.
The Group's sales figures include merchandise sales exclusive VAT in stores and
department stores. The figures do not include other operating income such as
rental income or service fees. 

Further information:
Lauri Veijalainen, CFO, tel. +358 9 121 5062
Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558

www.stockmanngroup.com


STOCKMANN plc

Per Thelin
CEO


Distribution:
Nasdaq Helsinki
Principal media