In August, the Stockmann Group's strong sales were continued. The Group
sales increased by 11 per cent to EUR 124.2 million.
The best percentage increase was reported by Seppälä, up 16 per cent. In
Finland, Seppälä's sales were up 2 per cent, while sales abroad were up 59
per cent. The strong sales growth in all market areas was based both on
good like-for-like growth and expansion of the retail network, especially
Sales by Hobby Hall were up 11 per cent. In Finland, sales were up 10 per
cent, while sales abroad were up 15 per cent.
Sales by the Department Store Division were up 10 per cent. In Finland,
sales were up 8 per cent, and sales abroad were up 19 per cent. The good
sales growth abroad was contributed, for instance, by the sales of the new
department store opened in Moscow in February and expansion of the
Bestseller chain in Russia.
Sales figures in August
August January-August January-
Department Store 24.1 20.3 19.1 202.0 170.7 18.4 286.9
Department Store 90.0 81.5 10.5 720.0 665.9 8.1 1 119.0
* The figures do not include the sales by the Stockmann Auto division that
was divested at the beginning of March 2006. If the sales by Stockmann
Auto in January-February 2006 are included in the comparison figures, the
change of sales in per cent was:
Operations in Finland, total
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