Stockmann Oyj Abp
Stockmann Group’s sales in June 2015

Stockmann Oyj Abp 

13.07.2015 12:00

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Helsinki, Finland, 2015-07-13 12:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 13.7.2015 at 13:00 EET 

The Stockmann Group's sales amounted to EUR 129.7 million in June 2015.
Excluding Seppälä, sales were down by 1.6 per cent on the previous year at
comparable exchange rates. Euro-denominated sales excluding Seppälä were down
by 6.1 per cent. 

Stockmann Retail
Stockmann Retail's sales were down by 8.4 per cent at comparable exchange
rates. Due to the weak Russian rouble, euro-denominated sales were down by 13.7
per cent. 

In Finland, sales were down by 6.0 per cent. The decline was partly due to
withdrawing from the own electronics product category and closing the Stockmann
Beauty stores by the end of May. Sales in the fashion product category were up
on the previous year, despite lower merchandise volume in the summer sale. 

In international operations, sales were down by 14.0 per cent at comparable
exchange rates. In the Baltic countries, the summer sale was started a week
later than in 2014, which had a negative effect on the sales. Euro-denominated
sales were down by 28.5 per cent due to the weak rouble. 

Fashion Chains
Lindex's sales were up by 6.6 per cent at comparable exchange rates. Comparable
sales were up in all countries. Euro-denominated sales were up by 3.4 per cent. 

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. 

Sales (exclusive of VAT) in June


                                           6/2015  Change-%   1-6/2015  Change-%
                                        EUR mill.            EUR mill.          
Stockmann Retail, Finland                    47.4      -6.0      312.7      -8.7
Stockmann Retail,                            18.6     -28.5      133.6     -19.9
international operations                                                        
Stockmann Retail, total                      66.0     -13.7      446.3     -12.4
Lindex, total                                63.7       3.4      300.1      -2.9
Operations in Finland, total*                54.1     -13.6      357.8     -11.9
Operations in Finland, excl. Seppälä         54.1      -4.9      345.8      -8.0
International operations, total*             75.6      -9.7      404.5     -11.4
International operations, excl.              75.6      -6.9      400.6      -9.5
 Seppälä                                                                        
Stockmann, total*                           129.7     -11.4      762.3     -11.7
Stockmann, total excluding Seppälä          129.7      -6.1      746.4      -8.8

* Includes Seppälä until 31 March 2015.
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



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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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