Tiimari Oyj Abp
TIIMARI PLC: TIIMARI GROUP’S NET SALES IN NOVEMBER 2011 (preliminary)
Tiimari Oyj Abp 07.12.2011 10:00 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Tiimari Plc Stock Exchange Release 7 December 2011 at 11.00 TIIMARI GROUP'S NET SALES IN NOVEMBER 2011 (preliminary) Tiimari Group's sales in November amounted to EUR 10.4 million (EUR 9.5 million), which was approximately 9.6 % higher than in November last year. Tiimari chain's sales amounted to EUR 8.5 million, which was approximately 6.2 % higher than in November last year. The positive sales development took place especially in Finland, where succeeded both in decisions of product range and in marketing activities. In addition, all major product deliveries actualized in time in November. The discounted sales continued but their share of total sales was lower than in previous months. Gallerix chain's sales in Euros amounted to EUR 1.9 million, which was approximately 28.1 % higher than in November last year. In local currency, Gallerix chain's growth in sales was 25.0 %. Gallerix chain's sales growth was mainly due to the growth in the number of own Gallerix stores in relation to the number of franchise stores. Tiimari Group's eleven-month cumulative sales amounted to EUR 61.7 million, which was EUR 0.2 million and 0.4 % lower than the cumulative sales during the same period last year. Cumulative sales in Finland amounted to EUR 45.1 million, which was approximately EUR 2.1 million and 4.4 % lower than the cumulative sales during the same period last year. Cumulative sales in Euros in Sweden amounted to EUR 14.2 million, which was approximately EUR 2.0 million and 16.2 % higher than the cumulative sales during the same period last year. In local currency, the cumulative sales in Sweden increased by 9.3 % compared to the cumulative sales during the same period last year. In other countries, the cumulative sales amounted to EUR 2.4 million, which was approximately EUR 0.1 million and 4.5 % lower than the cumulative sales during the same period last year. Tiimari Group's sales in November 2011 (preliminary) monthly sales accumulated sales 11/2011 11/2010 chg 1-11/2011 1-11/2010 chg 1-12/2010 -------------------------------------------------------------------------------- Tiimari 8 535 8 035 6,2% 47 585 50 029 -4,9% 61 889 -------------------------------------------------------------------------------- Gallerix 1 870 1 460 28,1% 14 065 11 857 18,6% 13 904 -------------------------------------------------------------------------------- Total 10 405 9 496 9,6% 61 650 61 886 -0,4% 75 792 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Finland 8 217 7 697 6,7% 45 094 47 186 -4,4% 58 379 -------------------------------------------------------------------------------- Sweden 1 886 1 468 28,5% 14 155 12 186 16,2% 14 258 -------------------------------------------------------------------------------- Other countries 303 330 -8,3% 2 401 2 515 -4,5% 3 156 -------------------------------------------------------------------------------- Total 10 405 9 496 9,6% 61 650 61 886 -0,4% 75 792 -------------------------------------------------------------------------------- Niila Rajala Managing Director Tiimari Plc Further information: Managing Director Niila Rajala tel. + 358 (0)3 812911, e-mail: niila.rajala@tiimari.fi Chief Financial Officer Jarmo Kanervo tel. +358 (0)3 812911, e-mail: jarmo.kanervo@tiimari.fi Distribution: NASDAQ OMX Helsinki important news media www.tiimari.com Tiimari Plc is a listed company. The group consists of two retail shop concepts: Tiimari and Gallerix. These two concepts do business in five countries within the Baltic Sea region and there are altogether nearly 300 shops. All concepts belong to the forerunners of their market segment. News Source: NASDAQ OMX 07.12.2011 DGAP's 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: Tiimari Oyj Abp Finland Phone: Fax: E-mail: Internet: ISIN: FI0009003859 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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