Stockmann - Company Announcement

Stockmann Group's revenue in December 2011

Helsinki, Finland, 2012-01-11 09:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.1.2012 at 10:00 EET 

The Stockmann Group's revenue in December increased by 7.7 per cent and was EUR
245.6 million. 

The Department Store Division's revenue increased by 6.4 per cent. Revenue was
up 1.4 per cent in Finland and 21.5 per cent in international operations. Very
good revenue growth continued in the Baltic countries. The euro-denominated
revenue of Russian operations increased by 21.3 per cent, boosted by strong
comparable growth in St Petersburg, the new department store in Ekaterinburg,
and growth also in Moscow department stores. 

Lindex's euro-denominated revenue was up 10.1 per cent; up 18.4 per cent in
Finland and 9.1 per cent in international operations. All countries increased
their revenue in December. In Lindex's main market Sweden, the growth was 0.7
per cent in local currency and outside of Sweden 21.8 per cent in local
currencies. 

Seppälä's revenue was up 9.1 per cent. Growth was 9.5 per cent in Finland and
8.1 per cent in international operations, with the strongest growth taking
place in the Baltic countries. 

The Stockmann Group's revenue for the full year 2011 increased by 10.1 per cent
to EUR 2 005.2 million which is Stockmann's all-time highest. Revenue was up
12.4 per cent in the Department Store Division, 7.8 per cent in Lindex, and 0.4
per cent in Seppälä. 

Stockmann will publish its financial statement bulletin on 9 February 2012 at 8
a.m. EET. The company's full financial statements and an electronic version of
the Annual Report 2011 will be published in the week starting on 20 February
2012. 


Revenue (exclusive of VAT) in December


                                               12/2011  Change  1-12/201  Change
                                                                       1        
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland               109.9     1.4     861.3     4.2
Department Store Division, international          44.0    21.5     375.6    37.3
 operations                                                                     
Department Store Division, total                 153.9     6.4   1 236.9    12.4
Lindex, Finland                                    8.7    18.4      70.8     5.9
Lindex, international operations                  65.4     9.1     553.3     8.1
Lindex, total                                     74.1    10.1     624.1     7.8
Seppälä, Finland                                  12.5     9.5      93.6    -0.8
Seppälä, international operations                  5.1     8.1      50.2     2.9
Seppälä, total                                    17.6     9.1     143.8     0.4
Other operations                                   0.0               0.4        
Operations in Finland, total                     131.1     3.2   1 026.1     3.9
International operations, total                  114.5    13.5     979.1    17.4
Stockmann total                                  245.6     7.7   2 005.2    10.1


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.fi



STOCKMANN plc

Hannu Penttilä
CEO

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