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Stockmann Group’s revenue in April 2013
Helsinki, Finland, 2013-05-15 08:00 CEST (GLOBE NEWSWIRE) —
STOCKMANN plc, Company Announcement 15.5.2013 at 9:00 EET
The Stockmann Group’s revenue amounted to EUR 212.0 million in April 2013. Revenue, excluding the terminated franchising operations in Russia and Finland, was up 3.6 per cent. April had two sales days more than in 2012 in many countries due to the earlier Easter. The Group’s combined revenue for March and April, excluding the terminated franchising operations, was down 1.1 per cent.
The Department Store Division’s revenue, excluding the terminated franchising operations, was up 3.8 per cent. In Finland revenue grew by 2.4 per cent and in international operations by 6.2 per cent. In Russia growth was strong particularly in local currency. The successful Crazy Days campaign with a revenue growth of 10 per cent boosted the performance in April.
Fashion Chain Division’s revenue was up 3.5 per cent; down 12.8 per cent in Finland and up 7.6 per cent in international operations. Lindex’s euro-denominated revenue was up 8.9 per cent, partly due to the strengthened Swedish krona. The start of the main spring campaign had a positive effect on the revenue during the month. Revenue in local currencies was up 5.6 per cent with growth in all countries except in Finland. Seppälä’s revenue was down 20.7 per cent. Revenue declined in all countries.
Revenue (exclusive of VAT) in April
|
4/2013 EUR mill. |
Change % |
Change-% excl. terminated franchising* |
|
| Department Store Division, Finland | 94.9 | 0.7 | 2.4 |
|
Department Store Division, international operations |
53.1 | 3.3 | 6.2 |
| Department Store Division, total | 148.0 | 1.6 | 3.8 |
| Fashion Chain Division, Finland | 10.8 | -12.8 | -12.8 |
|
Fashion Chain Division, international operations |
53.3 | 7.6 | 7.6 |
| Fashion Chain Division, total | 64.1 | 3.5 | 3.5 |
| Other operations | -0.1 | ||
| Operations in Finland, total | 105.7 | -1.0 | 0.5 |
| International operations, total | 106.3 | 5.4 | 6.9 |
| Stockmann total | 212.0 | 2.1 | 3.6 |
Revenue (exclusive of VAT) in January–April
|
1-4/2013 EUR mill. |
Change % |
Change-% excl. terminated franchising* |
|
| Department Store Division, Finland | 276.4 | -2.2 | -1.2 |
|
Department Store Division, international operations |
141.7 | -1.3 | 2.2 |
| Department Store Division, total | 418.1 | -1.9 | -0.1 |
| Fashion Chain Division, Finland | 40.9 | -14.6 | -14.6 |
|
Fashion Chain Division, international operations |
184.5 | 0.5 | 0.5 |
| Fashion Chain Division, total | 225.4 | -2.6 | -2.6 |
| Other operations | -0.3 | ||
| Operations in Finland, total | 317.0 | -4.2 | -3.3 |
| International operations, total | 326.2 | -0.3 | 1.2 |
| Stockmann total | 643.2 | -2.2 | -1.1 |
Change-%: change compared with the corresponding period of the previous year.
*Change compared with the revenue excluding the terminated Bestseller franchising operations in Russia in 2012 and the Zara franchising operations in Finland in spring 2013.
Further information:
Hannu Penttilä, CEO, tel. +358 9 121 5801
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351
STOCKMANN plc
Hannu Penttilä
CEO
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