Newsroom

11.4.2011

Stock Exchange Release

STOCKMANN GROUP’S REVENUE IN MARCH 2011

Helsinki, Finland, 2011-04-11 12:00 CEST (GLOBE NEWSWIRE) —
STOCKMANN plc, Company Announcement 11.4.2011 at 13:00 EET

The Stockmann Group’s revenue in March increased by 9.5 per cent and was EUR 144.9 million.

The Department Store Division’s revenue increased by 13.2 per cent. In Finland revenue was up 6.1 per cent. Revenue increased abroad by 34.8 per cent, with a continued solid growth in the Baltic department stores and a 44 per cent growth in Russia, mostly due to the new department store in St Petersburg. A new department store was opened in Ekaterinburg in Russia on 30 March 2011.

Lindex’s euro-denominated revenue increased by 7.0 per cent; up 2.3 per cent in Finland and up 7.6 per cent abroad. Growth continued strongest in the new markets of the Czech Republic, Slovakia and Russia. Also the strong Swedish krona increased the euro-denominated revenue.

Seppälä’s revenue was down 5.3 per cent. The decrease was 5.6 per cent in Finland and 4.9 per cent abroad.

Revenue (exclusive of VAT) in March

	3/2011	Change	1-3/2011	Change
	EUR mill.	%	EUR mill.	%
Department Store Division, Finland	61.6	6.1	180.8	5.6
Department Store Division, international operations	25.4	34.8	75.4	37.7
Department Store Division, total	87.1	13.2	256.2	13.4
Lindex, Finland	4.9	2.3	13.4	0.1
Lindex, international operations	42.3	7.6	109.9	7.5
Lindex, total	47.3	7.0	123.3	6.6
Seppälä, Finland	6.6	-5.6	17.8	-9.9
Seppälä, international operations	4.0	-4.9	10.1	-8.8
Seppälä, total	10.6	-5.3	27.9	-9.5
Other operations	0.0		0.1
Operations in Finland, total	73.1	4.5	212.0	3.7
International operations, total	71.8	15.0	195.5	16.2
Stockmann total	144.9	9.5	407.5	9.4

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.fi

STOCKMANN plc

Hannu Penttilä
CEO

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