Stockmann - Company Announcement

Stockmann Group's revenue in September 2011

Helsinki, Finland, 2011-10-11 09:30 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.10.2011 at 10:30 EET 

The Stockmann Group's revenue in September increased by 9.3 per cent and was
EUR 157.8 million. 

The Department Store Division's revenue increased by 12.5 per cent. Revenue was
up 2.5 per cent in Finland and 44.9 percent in international operations. The
department stores in Russia continued performing very well and the
euro-denominated revenue of Russian operations increased by 61.3 per cent. 

Lindex's euro-denominated revenue increased by 5.1 per cent; up 7.1 per cent in
Finland and 4.8 per cent in international operations. The revenue grew in all
countries except in Sweden where the overall fashion market development
year-to-date has been clearly negative. 

Seppälä's revenue was up 4.7 per cent. Revenue was up 4.5 per cent in Finland
and 5.0 per cent in international operations. Revenue grew in all market areas. 

In October, the Crazy Days campaign in the department stores in Finland reached
again a new sales record. Revenue was up 8 per cent compared to the campaign
held in the previous autumn. In Russia and the Baltic countries the campaign
will be held during the week starting on 10 October. 


Revenue (exclusive of VAT) in September

                                                9/2011  Change  1-9/2011  Change
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                64.9     2.5     579.0     4.9
Department Store Division, international          28.1    44.9     249.3    42.5
 operations                                                                     
Department Store Division, total                  93.1    12.5     828.3    14.0
Lindex, Finland                                    5.9     7.1      50.5     3.4
Lindex, international operations                  47.9     4.8     396.2     8.8
Lindex, total                                     53.8     5.1     446.7     8.1
Seppälä, Finland                                   7.1     4.5      66.5    -3.2
Seppälä, international operations                  3.8     5.0      37.3     2.1
Seppälä, total                                    10.9     4.7     103.8    -1.4
Other operations                                   0.0               0.3        
Operations in Finland, total                      77.9     3.1     696.3     4.0
International operations, total                   79.9    16.1     682.8    18.6
Stockmann total                                  157.8     9.3   1 379.1    10.7

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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