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STOCKMANN GROUP’S REVENUE IN JUNE 2010
STOCKMANN plc
Company Announcement
9.7.2010 at 11.25
STOCKMANN GROUP’S REVENUE IN JUNE 2010
In June, the Stockman group´s revenue (exclusive of VAT) exclusive of Hobby
Hall´s discontinued operations abroad amounted to EUR 137.4 million, up 5.2 per
cent.
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 adjusted accordingly. The
Department Store Division´s revenue increased by 1.5 per cent, up 1.8 per cent
in Finland and 0.4 per cent abroad. Revenue declined in the Baltic department
stores but increased by 9 per cent in Russia.
Lindex´s revenue increased by 11.4 per cent, down 5.1 per cent in Finland and up
14.0 per cent abroad. The development in the new markets in Russia and Czech
Republic was particularly strong.
Seppälä´s revenue increased by 2.7 per cent. Revenue was on a par with the
previous year in Finland and in the Baltic markets and increased by 22 per cent
in Russia.
Thanks to healthy stock levels in all divisions summer sale campaigns were
smaller and were started later than in 2009. On the other hand, later school
year ending boosted the revenues during the first week of June.
Revenue (exclusive of VAT) in June
——————————————————————————–
| | June | January-June | January- |
| | | | December |
——————————————————————————–
| | 2010 | 2009 | chang | 2010 | 2009 | change | 2009 |
| | EUR | EUR | e | EUR | EUR | perc. | EUR |
| | mill | mill. | perc. | mill. | mill. | 10/09 | mill |
| | . | | 10/09 | | | | . |
——————————————————————————–
——————————————————————————–
| Department | 56.3 | 55.4 | 1.8 | 375.2 | 362.8 | 3.4 | 785.8 |
| Store | | | | | | | |
| Division, | | | | | | | |
| Finland | | | | | | | |
——————————————————————————–
| Department | 15.7 | 15.6 | 0.4 | 116.3 | 110.9 | 4.9 | 235.8 |
| Store | | | | | | | |
| Division, | | | | | | | |
| international | | | | | | | |
| operations | | | | | | | |
——————————————————————————–
| Department | 72.1 | 71.0 | 1.5 | 491.5 | 473.7 | 3.8 | 1 021.5 |
| Store | | | | | | | |
| Division, | | | | | | | |
| total | | | | | | | |
——————————————————————————–
| Lindex, | 6.0 | 6.4 | -5.1 | 30.9 | 29.9 | 3.1 | 65.8 |
| Finland | | | | | | | |
——————————————————————————–
| Lindex, | 46.2 | 40.6 | 14.0 | 232.8 | 205.1 | 13.5 | 461.3 |
| international | | | | | | | |
| operations | | | | | | | |
——————————————————————————–
| Lindex, total | 52.3 | 46.9 | 11.4 | 263.7 | 235.1 | 12.2 | 527.0 |
——————————————————————————–
| Seppälä, | 8.7 | 8.8 | -1.6 | 45.0 | 43.5 | 3.5 | 94.3 |
| Finland | | | | | | | |
——————————————————————————–
| Seppälä, | 4.3 | 3.8 | 12.7 | 23.5 | 20.9 | 12.4 | 45.2 |
| international | | | | | | | |
| operations | | | | | | | |
——————————————————————————–
| Seppälä, total | 13.0 | 12.7 | 2.7 | 68.5 | 64.4 | 6.4 | 139.5 |
——————————————————————————–
| Real estate + | 0.0 | 0.0 | | 0.3 | 0.3 | | 0.6 |
| others | | | | | | | |
——————————————————————————–
| Operations in | 71.1 | 70.6 | 0.7 | 451.3 | 436.5 | 3.4 | 946.4 |
| Finland, total | | | | | | | |
——————————————————————————–
| International | 66.3 | 60.0 | 10.4 | 372.7 | 336.9 | 10.6 | 742.2 |
| operations, | | | | | | | |
| total | | | | | | | |
——————————————————————————–
| Stockmann | 137. | 130.7 | 5.2 | 824.0 | 773.5 | 6.5 | 1 688.6 |
| total, | 4 | | | | | | |
| continuing | | | | | | | |
| operations | | | | | | | |
——————————————————————————–
| Closed | 0.0 | 1.4 | | 0.0 | 9.4 | | 9.9 |
| operations: | | | | | | | |
| Hobby Hall, | | | | | | | |
| international | | | | | | | |
| operations | | | | | | | |
——————————————————————————–
| Stockmann | 137. | 132.1 | 4.1 | 824.0 | 782.9 | 5.2 | 1 698.5 |
| total | 4 | | | | | | |
——————————————————————————–
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
NASDAQ OMX
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