A responsible Finnish listed company
In the Stockmann Group, financial responsibility means good financial management that meets shareholders' profit expectations, creates permanent jobs and generates economic wellbeing for society. Stockmann is a major employer, a significant purchaser of products and services, an investor and a partner and a taxpayer. Competitiveness and sound financial performance enable the company to enhance the wellbeing of its personnel and of society as a whole. Socially responsible operations, in turn, create a solid foundation for efficient operations and the company's financial growth.
Financial benefits for stakeholders
Stockmann's operations bring economic added value to all its key stakeholders. Suppliers and personnel are the stakeholders receiving the most economical added value: purchases from suppliers were EUR 756.9 million and salaries and other employee benefit expenses totalled EUR 188.6 million in 2018. Read more about our value creation on our CSR reports.