Stockmann - Company Announcement

Stockmann Group's sales in November 2015

Helsinki, Finland, 2015-12-11 12:15 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.12.2015 at 13:15 EET 

The Stockmann Group's sales amounted to EUR 118.0 million in November 2015.
Stockmann has during the year divested Seppälä and the Academic Bookstore and
withdrawn from own electronics offering in its department stores. Sales,
excluding Seppälä and books and electronics in the department stores, were down
by 0.8 per cent at comparable exchange rates. Due to the weak Russian rouble,
euro-denominated sales excluding Seppälä, books and electronics were down by
3.0 per cent. November had one sales day more than in the previous year in
Finland due to the timing of All Saints' Day. 

Stockmann Retail
Stockmann Retail's sales, excluding books and electronics in the department
stores, were down by 5.2 per cent at comparable exchange rates. Due to the weak
Russian rouble, euro-denominated sales, excluding books and electronics, were
down by 8.5 per cent. 

In Finland, department stores’ sales excluding books and electronics were up
1.3 per cent. Sales grew particularly well in the fashion product area. Sales
including all product areas and Hobby Hall were down by 14.0 per cent. 

In international operations sales were down by 8.7 per cent at comparable
exchange rates. Due to the weak Russian rouble, euro-denominated sales were
down by 19.2 per cent. 

Lindex
Lindex's sales were up 7.8 per cent at comparable exchange rates. Sales
increased particularly well in the biggest market, Sweden. Euro-denominated
sales were up 5.3 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 November

                                          11/2015  Change-%  1-11/2015  Change-%
                                        EUR mill.            EUR mill.          
Stockmann Retail, Finland                    49.4     -14.0      557.9     -11.0
Stockmann Retail,                            17.9     -19.2      241.9     -20.3
international operations                                                        
Stockmann Retail, total                      67.4     -15.5      799.7     -14.0
Lindex, total                                50.6       5.3      573.4      -0.6
Operations in Finland, total*                55.0     -18.1      633.2     -15.3
Operations in Finland, excl. Seppälä         55.0     -12.5      621.3     -10.0
International operations, total*             63.0      -5.1      756.1     -10.2
International operations, excl.              62.9      -3.0      751.9      -8.0
 Seppälä                                                                        
Stockmann, total*                           118.0     -11.6    1 389.3     -12.6
Stockmann, total excl. Seppälä              118.0      -7.7    1 373.1      -8.9



* 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