Stockmann - Company Announcement

Stockmann Group's revenue in October 2012

Helsinki, Finland, 2012-11-09 12:30 CET (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 9.11.2012 at 13:30 EET 

The Stockmann Group's revenue in October was up 4.1 per cent to EUR 226.1
million. Revenue in Finland was up 0.4 per cent and revenue in international
operations was up 8.1 per cent. 

The Department Store Division's revenue grew by 4.5 per cent thanks to the
successful Crazy Days campaign which achieved a revenue growth of 8 per cent in
total. The month's revenue in Finland was up 1.4 per cent. Revenue in
international operations was up 10.5 per cent. The euro-denominated revenue in
Russia increased by 16.2 per cent in the department stores and by 11.4 per cent
in total, when including the Bestseller franchising stores which will be closed
down by the end of 2012. 

The Fashion Chain Division's revenue grew by 3.0 per cent; down 7.5 per cent in
Finland and up 5.7 per cent in international operations. Lindex's
euro-denominated revenue was up 5.1 per cent due to the strengthened Swedish
krona. In local currencies revenue was down 0.9 per cent. Seppälä's revenue was
down 6.9 per cent. Revenue was up in Estonia but declined in other markets.
Stores in Ukraine were closed down during the month. 

Revenue (exclusive of VAT) in October


                                               10/2012  Change  1-10/201  Change
                                                                       2        
                                                   EUR       %       EUR       %
                                                 mill.             mill.        
Department Store Division, Finland               101.3     1.4     695.7     2.5
Department Store Division, international          57.7    10.5     342.5    13.6
 operations                                                                     
Department Store Division, total                 159.0     4.5   1 038.1     5.9
Fashion Chain Division, Finland                   12.2    -7.5     135.6     4.1
Fashion Chain Division,                           54.9     5.7     524.4     8.0
international operations                                                        
Fashion Chain Division, total                     67.1     3.0     660.0     7.2
Other operations                                   0.1               0.5        
Operations in Finland, total                     113.6     0.4     831.7     2.8
International operations, total                  112.6     8.1     866.9    10.2
Stockmann total                                  226.1     4.1   1 698.6     6.4


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.com



STOCKMANN plc

Hannu Penttilä
CEO


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