Stockmann - Company Announcement

Stockmann Group's revenue in October 2011

Helsinki, Finland, 2011-11-09 09:00 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 9.11.2011 at 10.00 EET 

The Stockmann Group's revenue in October increased by 11.1 per cent and was EUR
217.3 million. 

The Department Store Division's revenue increased by 15.1 per cent. Revenue was
up 4.9 per cent in Finland with the strongest growth seen in Hobby Hall's
distance retail business. In international operations revenue was up 41.4 per
cent. The department stores in Russia continued performing well and the
euro-denominated revenue of Russian operations increased by 55.4 per cent.
Revenue in the Crazy Days campaign was up in all department stores and all
markets with a growth totalling 19 per cent. 

Lindex's euro-denominated revenue was up 3.6 per cent; up 6.0 per cent in
Finland and 3.4 per cent in international operations. The weak market
development continued in Sweden. In other markets the revenue growth remained
strong. 

Seppälä's revenue was down 1.3 per cent. Revenue was down 1.8 per cent in
Finland and on a par with the previous year in international operations. The
exceptionally warm autumn has postponed the outwear sales in all market areas
and also in the Group's other business divisions. 


Revenue (exclusive of VAT) in October


                                               10/2011  Change  1-10/201  Change
                                                                       1        
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland                99.9     4.9     678.8     4.9
Department Store Division, international          52.2    41.4     301.6    42.3
 operations                                                                     
Department Store Division, total                 152.1    15.1     980.4    14.1
Lindex, Finland                                    5.9     6.0      56.5     3.7
Lindex, international operations                  47.7     3.4     443.9     8.2
Lindex, total                                     53.6     3.6     500.3     7.6
Seppälä, Finland                                   7.3    -1.8      73.8    -3.1
Seppälä, international operations                  4.3    -0.3      41.5     1.8
Seppälä, total                                    11.5    -1.3     115.4    -1.4
Other operations                                   0.0               0.3        
Operations in Finland, total                     113.1     4.6     809.4     4.1
International operations, total                  104.2    19.3     787.0    18.7
Stockmann total                                  217.3    11.1   1 596.4    10.8


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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