STOCKMANN GROUP’S REVENUE IN FEBRUARY 2010

STOCKMANN plc
Company Announcement
9.3.2010 at 10.45

STOCKMANN GROUP’S REVENUE IN FEBRUARY 2010

In February, the Stockmann Group’s revenue (exclusive of VAT) exclusive of
Hobby Hall’s discontinued operations abroad amounted to EUR 115.2 million,
up 5.9 per cent. This was the third consecutive month since the beginning
of the economic downturn when the Group’s revenue exceeded that of the
corresponding month a year earlier.

Since the beginning of 2010, Hobby Hall has been a part of the Department
Store Division. The Department Store Division’s revenue includes Hobby
Hall’s figures and the comparison figures have been changed respectively.
The Department Store Division’s revenue increased by 1.5 per cent. Revenue
in Finland was on a par with the previous year. Revenue abroad increased
by 4.0 per cent thanks to the good growth of 21 per cent in Russia. Sales
in the Baltic market remained poor and were clearly below the previous
year’s figures.

Lindex’s revenue increased by 17.5 per cent. Revenue increased by 11.6 per
cent in Finland and by 18.3 per cent abroad. Revenue increased in all
markets but Latvia.

Seppälä’s revenue increased by 3.8 per cent. Revenue was on a par with the
previous year in Finland and 11.5 per cent up abroad, thanks to the 26 per
cent growth in Russia. Sales in the Baltic markets picked up somewhat but
were still clearly below last year’s level.

Revenue (exclusive of VAT) in February

February January-February January-
December
2010 2009 change 2010 2009 change 2009
EUR EUR perc. EUR EUR perc. EUR
mill. mill. 10/09 mill. mill. 10/09 mill.

Department Store 57,3 56,8 0,8 113,1 114,2 -1,0 785,8
Division, Finland
Department Store 15,4 14,8 4,0 35,9 35,9 0,0 235,8
Division,
international
operations
Department Store 72,7 71,7 1,5 149,0 150,2 -0,8 1 021,5
Division, total
Lindex, Finland 3,9 3,5 11,6 8,5 7,9 7,7 65,8
Lindex, 30,0 25,3 18,3 62,9 54,6 15,2 461,3
international
operations
Lindex, total 33,9 28,9 17,5 71,5 62,5 14,3 527,0
Seppälä, Finland 5,5 5,5 0,1 12,8 12,9 -1,1 94,3
Seppälä, 3,0 2,7 11,5 6,9 6,5 5,7 45,2
international
operations
Seppälä, total 8,5 8,2 3,8 19,7 19,4 1,2 139,5
Real estate + 0,0 0,0 -22,7 0,1 0,1 -12,2 0,6
others
Operations in 66,8 65,9 1,3 134,5 135,2 -0,5 946,4
Finland, total
International 48,4 42,9 13,0 105,8 97,1 8,9 742,2
operations, total
Stockmann total, 115,2 108,8 5,9 240,3 232,3 3,4 1 688,6
continuing
operations
Discontinuing 0,0 1,6 -100,1 0,0 3,3 -100,1 9,9
operations: Hobby
Hall, international
operations
Stockmann total 115,2 110,4 4,4 240,2 235,5 2,0 1 698,5

STOCKMANN plc

Hannu Penttilä
CEO

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