Stockmann Oyj Abp
Stockmann Group’s sales in February 2015
Stockmann Oyj Abp 12.03.2015 15:15 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Helsinki, Finland, 2015-03-12 15:15 CET (GLOBE NEWSWIRE) -- STOCKMANN plc, Company Announcement 12.3.2015 at 16:15 EET The Stockmann Group's sales amounted to EUR 99.5 million in February 2015. Sales were up 0.8 per cent on the previous year at comparable exchange rates. Euro-denominated sales were down by 6.4 per cent. Stockmann Retail Stockmann Retail's sales were on a par with the previous year at comparable exchange rates. Euro-denominated sales were down by 7.6 per cent. In Finland, sales development was better than during many previous months, especially in the fashion and home merchandise areas. In total, sales were down by 1.1 per cent in Finland. Sales in the online store stockmann.com were up 25.3 per cent. In international operations, sales were up 1.5 per cent at comparable exchange rates. Euro-denominated sales were down by 22.6 per cent. In Russia, sales were at the previous year's level in roubles, but euro-denominated sales were down by 34.1 per cent. In the Baltic countries, sales were up. Fashion Chains Fashion Chains' sales were up 2.7 per cent at comparable exchange rates. Euro-denominated sales were down by 4.6 per cent. Lindex's sales at comparable exchange rates were up 5.2 per cent. Sales increased in all other markets than in the Baltic countries and in Poland. Euro-denominated sales were on a par with the previous year. Seppälä's comparable* sales were down 14.5 per cent and euro-denominated sales were down 19.7 per cent. Seppälä will continue as part of the Stockmann Group until 1 April 2014. The Group's sales figures include merchandise sales exclusive VAT in Stockmann Retail's and Fashion Chains' stores. The figure does not include other operating income such as rental income or service fees. * Comparable sales = Sales at comparable exchange rates excluding closed and opened stores over the past 12 months. Sales (exclusive of VAT) in February 2/2015 Change-% 1-2/2015 Change-% EUR mill. EUR mill. Stockmann Retail, Finland 43.5 -1.1 92.9 -5.9 Stockmann Retail, 14.8 -22.6 36.8 -27.0 international operations Stockmann Retail, total 58.3 -7.6 129.6 -13.1 Fashion Chains, Finland 7.6 -1.3 17.4 -6.6 Fashion Chains, 33.6 -5.3 71.8 -7.7 international operations Fashion Chains, total 41.2 -4.6 89.2 -7.5 Operations in Finland, total 51.1 -1.2 110.3 -6.0 International operations, total 48.4 -11.4 108.6 -15.3 Stockmann total 99.5 -6.4 218.9 -10.9 Change-%: change compared with the corresponding period of the previous year. Further information: Pekka Vähähyyppä, CFO, tel. +358 9 121 3351 Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558 www.stockmanngroup.com STOCKMANN plc Nora Malin Director, Corporate Communications Distribution: Nasdaq Helsinki Principal media News Source: NASDAQ OMX 12.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Stockmann Oyj Abp Finland Phone: Fax: E-mail: Internet: ISIN: FI0009000251 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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