Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN JULY 2011

Helsinki, Finland, 2011-08-10 07:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 10.8.2011 at 8:00 EET 

 The Stockmann Group's revenue in July increased by 8.6 per cent and was EUR
147.1 million. Revenue was up 1.8 per cent in Finland and 15.5 per cent in
other countries. Part of the weak sales development in the Nordic markets is
due to calendar effect. In July 2011 there were five Sundays compared to four
in July 2010. 

The Department Store Division's revenue increased by 15.5 per cent. Revenue was
up 3.8 per cent in Finland and 46.3 per cent in international operations. The
Russian and Baltic department stores continued developing well.
Euro-denominated revenue increased in Russia by 58.5 per cent. 

Lindex's euro-denominated revenue increased by 0.9 per cent; down 5.4 per cent
in Finland and up 1.9 per cent in other countries. Good performance continued
in Russia. 

Seppälä's revenue was on par with the previous year. Revenue in Finland was
down 4.1 per cent. Revenue in international operations was up 8.4 per cent and
developed well both in Russia and the Baltic countries. 

Revenue (exclusive of VAT) in July



                                                7/2011  Change  1-7/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                54.3     3.8     450.4     5.4
Department Store Division, international          29.1    46.3     195.4    43.4
 operations                                                                     
Department Store Division, total                  83.4    15.5     645.8    14.6
Lindex, Finland                                    6.3    -5.4      38.3     2.2
Lindex, international operations                  43.3     1.9     300.2     9.0
Lindex, total                                     49.6     0.9     338.5     8.2
Seppälä, Finland                                   9.2    -4.1      51.7    -5.2
Seppälä, international operations                  4.9     8.4      28.6     1.8
Seppälä, total                                    14.1    -0.1      80.3    -2.8
Other operations                                   0.0               0.2        
Operations in Finland, total                      69.8     1.8     540.6     4.0
International operations, total                   77.3    15.5     524.2    19.2
Stockmann total                                  147.1     8.6   1 064.8    11.0


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.fi



STOCKMANN plc

Hannu Penttilä
CEO

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