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

STOCKMANN plc, Company Announcement 12.9.2016 at 10:30 EET

The Stockmann Group's sales in August were up 0.2 per cent and
amounted to EUR 86.8 million in continuing product areas and

Stockmann Retail's sales in continuing product areas and businesses
were down by 5.1 per cent. Sales grew in the largest product area,
fashion, but declined in other product areas. Sales were down by 6.7
per cent in Finland. The renewal works which continued the entire
summer in the department store in Helsinki city centre affected the
sales negatively. In the Baltic countries, sales were up 4.1 per cent
due to good performance in both Tallinn and Riga department stores.

Lindex's sales were up 2.2 per cent at comparable exchange rates.
Sales increased in all Nordic countries, particularly in Norway.
Euro-denominated sales were up 4.1 per cent.

Sales (exclusive of VAT) in August

8/2016 Change-%* 1-8/2016 Change-%*
EUR mill. EUR mill.
Stockmann Retail, 28.5 -6.7 271.0 -10.6
Stockmann Retail, 5.5 4.1 52.5 -3.4
Stockmann Retail, 34.0 -5.1 323.5 -9.5
Lindex, total 52.7 4.1 409.8 2.0
Group, Finland, total 34.9 -5.3 317.2 -9.3
Group, international 51.8 4.3 416.1 1.6
operations, total
Stockmann Group, 86.8 0.2 733.3 -3.4

*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and the product areas the company has withdrawn from in department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 August 2016 were EUR 92.9 million,
including Hobby Hall. In August 2015, sales were EUR 106.1 million,
including also Russian retail operations 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, CEO, tel. +358 9 121 5062
Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558


Nora Malin
Director, Corporate Communications

Nasdaq Helsinki
Principal media


Författare WKR

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