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2016-05-12

Stockmann Oyj Abp: Stockmann Group's sales in April 2016

STOCKMANN plc, Company Announcement 12.5.2016 at 12:00 EET

The Stockmann Group's sales in April were up by 26.8 per cent and
amounted to EUR 118.5 million in continuing product areas and
businesses. The growth was due to timing of Stockmann's Crazy Days
campaign. In 2016, the Crazy Days campaign in Finland was held in
April, instead of March as in 2015.

Stockmann Retail's sales in continuing product areas and businesses
were up 57.5 per cent due to the Crazy Days campaign. In Finland,
sales were up 77.0 per cent due to the campaign's timing. Sales were
down by 3.3 per cent in the Baltic countries. When combining
Stockmann Retail's sales in March and April, sales were down by 5.9
per cent in total.

Lindex's sales were up 3.2 per cent at comparable exchange rates.
Sales increased particularly in the main markets of Sweden, Norway,
and Finland. Euro-denominated sales, excluding Russia, were up 0.2
per cent.

Sales (exclusive of VAT) in April

4/2016 Change-%* 1-4/2016 Change-%*
EUR mill. EUR mill.
Stockmann Retail, 58.2 77.0 151.3 -8.3
Finland
Stockmann Retail, 10.2 -3.3 29.1 -4.6
international
operations
Stockmann Retail, 68.4 57.5 180.5 -7.8
total
Lindex, total 50.1 0.2 179.3 3.5
Group, Finland, 63.9 67.2 170.8 -7.5
total
Group, 54.6 -1.1 188.9 2.6
international
operations, total
Stockmann Group, 118.5 26.8 359.8 -2.5
total*

*Continuing product areas and businesses i.e. excluding Russian retail
operations, Seppälä, Hobby Hall, Stockmann Beauty, the airport store
and the product areas the company has withdrawn from in department
stores (electronics, books, sports equipment, toys and pet supplies).

Stockmann's total sales in April 2016 were EUR 125.3 million,
including Hobby Hall and Lindex stores in Russia. In April 2015,
sales were EUR 136.9 million, including also Russian retail
operations, Seppälä and discontinued product areas in department
stores.

Change-%: change compared with the corresponding period of the
previous year. The Group's sales figures include merchandise sales
exclusive VAT in stores and department stores. The figures do not
include other operating income such as rental income or service fees.

Further information:
Lauri Veijalainen, Interim CEO, tel. +358 9 121 5062
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

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