STOCKMANN GROUP SALES IN NOVEMBER 2007

In November, the Stockmann Group's sales were up 9 per cent and amounted to EUR 142 million.

The best percentage increase in sales was again reported by Seppälä whose sales were up 18 per cent. The division's sales were up 7 per cent in Finland and 55 per cent abroad. The strong growth in sales abroad was contributed by the good growth in like-for-like sales in all market areas and expansion of the network of stores especially in Russia.

Sales by the Department Store Division were up 11 per cent. Sales were up 4 per cent in Finland and 33 per cent abroad. Sales abroad increased strongly in all market areas, and in Russia the growth in sales was backed up by the new department store that was opened in Moscow in February and the expansion of the Bestseller chain.

Hobby Hall's sales in November were 7 per cent down on the figure in November 2006. Sales were down 8 per cent in Finland and 1 per cent abroad. November is Hobby Hall's most important sales month, and due to the change in recording the sales brought by the introduction of the ERP system in spring, part of the sales will be recorded later than last year, i.e. in December.

Sales figures in November

November January-November January- December

changechange
20072006 perc.20072006perc.2006
MeMe 07/06MeMe07/06Me
Department Store74.171.24.1761.2727.04.7832.2
Division, Finland Department Store 31.2 23.4 33.0 303.6 252.3 20.3 286.9 Division, international operations Department Store 105.3 94.6 11.3 1 064.8 979.3 8.7 1 119.0 Division, total
Hobby Hall, Finland18.119.6-7.8153.4155.7-1.5167.2
Hobby Hall,4.04.1-1.335.330.914.232.6
international operations
Hobby Hall, total22.123.7-6.7188.6186.51.1199.8
Seppälä, Finland10.29.66.5107.3107.6-0.2123.5
Seppälä, international4.42.855.145.530.450.034.6
operations
Seppälä, total14.612.417.5152.9138.010.8158.1
Real estate + others0.10.1 -21.40.70.8-9.90.9
Operations in Finland,102.5 100.52.0 1 022.6991.13.21 123.7
total* International 39.5 30.3 30.5 384.4 313.6 22.6 354.1 operations, total Stockmann total* 142.0 130.8 8.6 1 407.0 1 304.6 7.8 1 477.8

* 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:

January-November 2007 change perc.

Operations in Finland, total-4.0
Stockmann total2.0

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION OMX Nordic Exchange Helsinki Principal media





Back