Newsroom

12.12.2012

Stock Exchange Release

Stockmann Group’s revenue in November 2012

STOCKMANN plc, Company Announcement 12.12.2012 at 15:15 EET

The Stockmann Group’s revenue in November was up 3.0 per cent to EUR 168.0 million.

The Department Store Division’s revenue grew by 3.1 per cent. Revenue was up 2.9 per cent in Finland and 3.6 per cent in international operations. The euro-denominated revenue in Russia increased by 10.6 per cent in the department stores and by 3.2 per cent in total, when including the Bestseller franchising stores which will be closed down by the end of 2012.

The Fashion Chain Division’s revenue grew by 2.8 per cent; down 5.4 per cent in Finland and up 5.0 per cent in international operations. Lindex’s euro-denominated revenue was up 4.9 per cent due to the strengthened Swedish krona and Norwegian krone. In local currencies revenue was down 2.0 per cent, though growth continued in Russia and Eastern Europe. Seppälä’s revenue was down 6.9 per cent. Revenue was again up in Estonia but declined in other markets.

Revenue (exclusive of VAT) in November

	11/2012	Change	1-11/2012	Change
	EUR mill.	%	EUR mill.	%
Department Store Division, Finland	74.7	2.9	770.3	2.5
Department Store Division, international operations	31.1	3.6	373.5	12.7
Department Store Division, total	105.8	3.1	1 143.9	5.6
Fashion Chain Division, Finland	12.2	-5.4	147.8	3.2
Fashion Chain Division, international operations	50.0	5.0	574.5	7.8
Fashion Chain Division, total	62.3	2.8	722.3	6.8
Other operations	0.0		0.5
Operations in Finland, total	86.9	1.6	918.6	2.6
International operations, total	81.1	4.5	948.0	9.6
Stockmann total	168.0	3.0	1 866.6	6.1

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.lindex-group.com

STOCKMANN plc

Hannu Penttilä
CEO

Distribution:
NASDAQ OMX
Principal media