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Home » All News and Press Releases » STOCKMANN GROUP’S SALES IN JUNE 2006

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11.7.2006
  • Stock Exchange Release

STOCKMANN GROUP’S SALES IN JUNE 2006

STOCKMANN plc STOCK EXCHANGE RELEASE July 11, 2006, at 12.00

STOCKMANN GROUP’S SALES IN JUNE 2006

The Stockmann Group’s sales in June were EUR 106.8 million. Consolidated sales,
eliminating the Zara business in Russia which was divested to Inditex of Spain
as
from January 1, 2006, and the Stockmann Auto business that was transferred to
new
owners on March 1, 2006, were up 9 per cent.

Sales by the Department Store Division, eliminating the Zara business in Russia,
grew by 12 per cent. Sales rose by 7 per cent in Finland and by 31 per cent
abroad. Sales in Finland were lifted by the new department store that was opened
in the Jumbo Shopping Centre in Vantaa, near Helsinki, in October 2005. In the
international operations the like-for-like growth was strong in all market areas
and sales were lifted by the expansion of the Bestseller chain in Russia as
well.

Hobby Hall’s sales were at the previous year’s level. Sales in Finland were at
the level of last year. Sales abroad were down 3 per cent.

Seppälä’s sales were up 6 per cent. Sales in Finland were down 3 per cent. Sales
abroad grew by 65 per cent, which was attributable to the expansion of the store
network in Russia, Lithuania and Latvia as well as the good same-store growth
sales.

Sales figures in June and in January-June

June January-June January-December
change change
2006 2005 perc. 2006 2005 perc. 2005
Me Me 06/05 06/05 Me
Me Me

Department 60.7 56.9 6.7 378.6 353.5 7.1 797.1
Store
Division,
Finland
Department 18.7 14.3 30.7 128.0 97.8 30.9 227.0
Store
Division,
international
operations*
Department 79.3 71.1 11.5 506.6 451.4 12.2 1024.1
Store
Division,
total*
Stockmann 74.8 64.3 16.3 64.3
Auto*
Hobby Hall, 10.9 10.9 -0.1 81.8 84.9 -3.7 176.5
Finland
Hobby Hall, 1.8 1.9 -2.8 17.0 18.3 -7.2 34.0
international
operations
Hobby Hall, 12.7 12.8 -0.5 98.8 103.2 -4.3 210.5
total
Seppälä, 11.8 12.1 -2.5 57.6 60.7 -5.2 132.4
Finland
Seppälä, 2.9 1.8 64.6 15.0 9.2 63.5 22.9
international
operations
Seppälä, total 14.7 13.9 6.0 72.6 69.9 3.8 155.2
Real estate + 0.1 0.1 9.4 0.5 0.4 7.2 0.9
others
Operations in 83.5 80.0 4.4 593.2 564.0 5.2 1171.2
Finland, total
International 23.4 17.9 30.5 160.0 125.3 27.7 283.9
operations,
total*
Stockmann 106.8 97.9 9.2 753.3 689.3 9.3 1455.1
total*

* The figures for 2005 do not include the Zara business in Russia that was sold
at the turn of the year nor the March-December sales by the Stockmann Auto
division that was divested at the beginning of March 2006. If the sales in 2005
by Zara Russia and Stockmann Auto are included in the comparison figures, the
change of sales in per cent was:

June January-June 2006
2006
change perc. change perc.
Department Store Division, 8.0 12.9
international operations
Department Store Division, total 7.0 8.5
Operations in Finland, total -31.4 -17.3
International operations, total 11.8 13.6
Stockmann total -25.1 -12.3

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Stock Exchange
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