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THE STOCKMANN GROUP’S SALES IN JUNE 2005
STOCKMANN plc STOCK EXCHANGE RELEASE July 11, 2005, at 11.00
THE STOCKMANN GROUP’S SALES IN JUNE 2005
The Stockmann Group’s sales in June were EUR 142.6 million, up 7.4 per cent on
last year’s figure.
The best sales increase in June was reported by Seppälä, which has enjoyed great
success so far this year and was up 23 per cent. Seppälä’s sales in Finland grew
by 20 per cent as against 48 per cent abroad. The strong increase in Seppälä’s
sales abroad was attributable to the growth of the store network in the Baltic
countries and in Russia as well as the sound increase in the like-for-like sales
in the international market areas.
The Department Store Division’s sales in June were up 14 per cent. Sales in
Finland grew by 10 per cent as against 32 per cent abroad. The strong growth in
sales in Finland was affected by the fact that the seasonal sale began two days
earlier than last year. The strong increase in sales outside Finland was due to
the growth of the network of stores in Russia, the new department store that was
opened in Moscow in December as well as the solid growth in like-for-like sales
in all the international market areas.
Hobby Hall’s sales were up 4 per cent on the previous year, with an increase of
1
per cent in Finland and 27 per cent abroad. The increase in sales was
attributable to a change in the timetabling of catalogue distribution both in
Finland and abroad.
Stockmann Auto’s total sales were down 6 per cent on the previous year. The
decrease in sales was due entirely to the transfer of the Volkswagen-Audi
dealership in Herttoniemi to Kesko Corporation on July 1, 2004. Not including
the
figures for the Herttoniemi dealership, like-for-like sales grew by 19 per cent.
Sales figures in June and in January-June
June January-June January-
December
2005 2004 Ind. 2005 2004 Ind. 2004
Me Me 05/04 Me Me 05/04 Me
Department Store 56.9 51.7 110 353.5 334.2 106 746.1
Division, Finland
Department Store 17.3 13.1 132 113.4 77.8 146 192.7
Division,
international
operations
Department Store 74.1 64.8 114 466.9 412.1 113 938.8
Division, total
Stockmann Auto* 41.7 44.3 94 218.0 244.3 89 437.1
Hobby Hall, Finland 10.9 10.8 101 84.9 85.8 99 180.4
Hobby Hall, 1.9 1.5 127 18.3 17.8 103 34.0
international
operations
Hobby Hall, total 12.8 12.3 104 103.2 103.6 100 214.4
Seppälä, Finland 12.1 10.1 120 60.7 56.0 108 128.3
Seppälä, 1.8 1.2 148 9.2 6.1 152 15.4
international
operations
Seppälä, total 13.9 11.3 123 69.9 62.1 113 143.7
Real estate + others 0.1 0.1 0.4 0.5 0.9
Operations in 121.7 117.0 104 717.7 720.8 100 1 492.8
Finland, total
International 20.9 15.7 133 140.8 101.7 138 242.1
operations, total
Stockmann total* 142.6 132.8 107 858.5 822.5 104 1 735.0
* With the elimination of the sales by the unit transferred to Kesko on July 1,
2004, from Stockmann Auto’s comparison figure for 2004, the division’s sales in
January-June were up 12 per cent and the consolidated sales were up 11 per cent.
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Helsinki Stock Exchange
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