Stockmann Oyj Abp
Stockmann Group’s sales in May 2015

Stockmann Oyj Abp 

11.06.2015 13:00

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Helsinki, Finland, 2015-06-11 13:00 CEST (GLOBE NEWSWIRE) -- STOCKMANN plc,
Company Announcement 11.6.2015 at 14:00 EET 

The Stockmann Group's sales amounted to EUR 126.7 million in May 2015. Sales
were down by 12.5 per cent on the previous year at comparable exchange rates.
Euro-denominated sales were down by 15.3 per cent. May had one sales day less
than in the previous year in many units due to the timing of Whit Sunday. 

Stockmann Retail
Stockmann Retail's sales were down by 10.1 per cent at comparable exchange
rates. Euro-denominated sales were down by 12.8 per cent 

In Finland, sales were down by 11.7 per cent. The decline was partly due to
withdrawing from the own electronics product category. In women's, men's and
children's fashion Stockman's sales were above the general market development. 

In international operations, sales were down by 5.5 per cent at comparable
exchange rates. Euro-denominated sales were down by 15.6 per cent due to the
weak rouble. 

Fashion Chains
Lindex's sales were down by 2.8 per cent at comparable exchange rates. Sales
were up in eastern Central Europe but declined in the main market areas in line
with the general market development, mainly due to calendar effect and the
exceptionally cold weather. Euro-denominated sales were down by 6.4 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 May

                                    5/2015  Change-%   1-5/2015  Change-%
                                 EUR mill.            EUR mill.          
Stockmann Retail, Finland             49.3     -11.7      265.3      -9.2
Stockmann Retail,                     18.1     -15.6      115.0     -18.3
international operations                                                 
Stockmann Retail, total               67.4     -12.8      380.3     -12.2
Lindex, total                         59.0      -6.4      236.5      -4.4
Operations in Finland, total          56.1     -19.5     303.7*     -11.6
International operations, total       70.6     -11.6     328.9*     -11.9
Stockmann total                      126.7     -15.3     632.6*     -11.8


* 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:          
 
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