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2007-12-12 08:54:48 CET 2007-12-12 08:54:48 CET REGULATED INFORMATION Stockmann - Company AnnouncementSTOCKMANN GROUP SALES IN NOVEMBER 2007In November, the Stockmann Group's sales were up 9 per cent and amounted to EUR 142 million. The best percentage increase in sales was again reported by Seppälä whose sales were up 18 per cent. The division's sales were up 7 per cent in Finland and 55 per cent abroad. The strong growth in sales abroad was contributed by the good growth in like-for-like sales in all market areas and expansion of the network of stores especially in Russia. Sales by the Department Store Division were up 11 per cent. Sales were up 4 per cent in Finland and 33 per cent abroad. Sales abroad increased strongly in all market areas, and in Russia the growth in sales was backed up by the new department store that was opened in Moscow in February and the expansion of the Bestseller chain. Hobby Hall's sales in November were 7 per cent down on the figure in November 2006. Sales were down 8 per cent in Finland and 1 per cent abroad. November is Hobby Hall's most important sales month, and due to the change in recording the sales brought by the introduction of the ERP system in spring, part of the sales will be recorded later than last year, i.e. in December. Sales figures in November November January-November January- December change change 2007 2006 perc. 2007 2006 perc. 2006 Me Me 07/06 Me Me 07/06 Me Department Store 74.1 71.2 4.1 761.2 727.0 4.7 832.2 Division, Finland Department Store 31.2 23.4 33.0 303.6 252.3 20.3 286.9 Division, international operations Department Store 105.3 94.6 11.3 1 064.8 979.3 8.7 1 119.0 Division, total Hobby Hall, Finland 18.1 19.6 -7.8 153.4 155.7 -1.5 167.2 Hobby Hall, 4.0 4.1 -1.3 35.3 30.9 14.2 32.6 international operations Hobby Hall, total 22.1 23.7 -6.7 188.6 186.5 1.1 199.8 Seppälä, Finland 10.2 9.6 6.5 107.3 107.6 -0.2 123.5 Seppälä, international 4.4 2.8 55.1 45.5 30.4 50.0 34.6 operations Seppälä, total 14.6 12.4 17.5 152.9 138.0 10.8 158.1 Real estate + others 0.1 0.1 -21.4 0.7 0.8 -9.9 0.9 Operations in Finland, 102.5 100.5 2.0 1 022.6 991.1 3.2 1 123.7 total* International 39.5 30.3 30.5 384.4 313.6 22.6 354.1 operations, total Stockmann total* 142.0 130.8 8.6 1 407.0 1 304.6 7.8 1 477.8 * The figures do not include the sales by the Stockmann Auto division that was divested at the beginning of March 2006. If the sales by Stockmann Auto in January-February 2006 are included in the comparison figures, the change of sales in per cent was: January-November 2007 change perc. Operations in Finland, total -4.0 Stockmann total 2.0 STOCKMANN plc Hannu Penttilä CEO DISTRIBUTION OMX Nordic Exchange Helsinki Principal media |
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