Stockmann - Company Announcement

Stockmann Group's sales in July 2015

Helsinki, Finland, 2015-08-12 07:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 12.8.2015 at 8:00 EET 

The Stockmann Group's preliminary sales amounted to EUR 119.4 million in July
2015. At comparable exchange rates, sales excluding Seppälä were up by 5.5 per
cent on the previous year. Performance improved in both Stockmann Retail and
Lindex, and this resulted in the Group's best sales development since May 2013.
Euro-denominated sales excluding Seppälä were up 1.1 per cent. 

Stockmann Retail
Stockmann Retail's sales were up 3.8 per cent at comparable exchange rates. Due
to the weak Russian rouble and withdrawing from the own electronics product
category, euro-denominated sales were down by 3.0 per cent. 

In Finland, sales were down by 1.1 per cent. Excluding electronics, sales in
the department stores were clearly up on the previous year. In the fashion
product category Stockmann continued to take market share. 

In international operations, sales were up 15.2 per cent at comparable exchange
rates. Sales grew in all department stores despite lower merchandise volume in
the summer sale. Euro-denominated sales were down by 6.6 per cent due to the
weak rouble. 

Fashion Chains
Lindex's sales were up 9.7 per cent at comparable exchange rates. Performance
was strong in all market areas, and particularly in the biggest market, Sweden.
Euro-denominated sales were up 6.0 per cent. 

The Group's sales figures include merchandise sales exclusive VAT in Stockmann
Retail's and Fashion Chains' stores. The figure does not include other
operating income such as rental income or service fees. 

Sales (exclusive of VAT) in July

                                           7/2015  Change-%   1-7/2015  Change-%
                                        EUR mill.            EUR mill.          
Stockmann Retail, Finland                    40.8      -1.1      353.5      -7.9
Stockmann Retail,                            20.8      -6.6      154.4     -18.3
international operations                                                        
Stockmann Retail, total                      61.6      -3.0      507.9     -11.4
Lindex, total                                57.8       6.0      357.9      -1.5
Operations in Finland, total*                47.9     -13.6      405.7     -12.1
Operations in Finland, excl. Seppälä         47.9      -0.5      393.7      -7.1
International operations, total*             71.5      -1.5      476.1     -10.1
International operations, excl.              71.5       2.3      472.1      -7.9
 Seppälä                                                                        
Stockmann, total*                           119.4      -6.7      881.7     -11.0
Stockmann, total excl. Seppälä              119.4       1.1      865.9      -7.5


* Includes Seppälä until 31 March 2015.
Change-%: change compared with the corresponding period of the previous year.

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

Nora Malin
Director, Corporate Communications


Distribution:
Nasdaq Helsinki
Principal media