Profit warning: Stockmann Group’s adjusted operating profit for 2019 to improve

STOCKMANN plc, Inside Information 16.1.2020 at 9:30 EET

According to preliminary figures the Stockmann Group’s adjusted operating profit for 2019 is better than earlier estimated. The improvement is due to good performance in both Stockmann and in Lindex during the last quarter.

Earlier Stockmann estimated that the Group’s adjusted operating profit, excluding Nevsky Centre but including the impact of IFRS 16, to be on a par with 2018. (Profit guidance published on 24.4.2019)

Stockmann will publish its Financial Statements Bulletin for 2019 on 13 February 2020.

Further information:
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351

www.lindex-group.com

STOCKMANN plc

Jari Latvanen
CEO

Distribution:
Nasdaq Helsinki
Principal media