STOCKMANN GROUP'S REVENUE IN OCTOBER 2010

STOCKMANN plc Company Announcement 10.11.2010 at 9.00

STOCKMANN GROUP'S REVENUE IN OCTOBER 2010

In October, the Stockmann Group's revenue (exclusive of VAT) exclusive of Hobby Hall's discontinued operations abroad amounted to EUR 195.5 million, up 8.0 per cent.

Since the beginning of 2010, Hobby Hall has been a part of the Department Store Division. The Department Store Division's revenue includes Hobby Hall's figures, and the comparison figures have been adjusted accordingly. The Department Store Division's revenue increased by 11.1 per cent, up 7.6 per cent in Finland and up 21.0 per cent abroad. There was a clear increase in the revenue of the department stores in the Baltic countries and Russia and the important Crazy Days marketing campaign set new sales records in all markets.

Lindex's euro-denominated revenue increased by 3.4 per cent, up 1.3 per cent in Finland and 3.7 per cent abroad. Development in the new markets in Russia and the Czech Republic continued to be strong.

Seppälä's revenue decreased by 3.1 per cent. Revenue was down by 5.5 per cent in Finland and up 1.4 per cent abroad.

Revenue (exclusive of VAT) in October

October January-October January- December

20102009 change20102009 change2009
EUREURperc.EUREURperc.EUR
mill.mill.10/09mill.mill.10/09mill.
Department Store95.288.47.6647.0615.95.0785.8
Division, Finland Department Store 36.9 30.5 21.0 211.9 192.1 10.3 235.8 Division, international operations Department Store 132.1 119.0 11.1 858.9 808.1 6.3 1 021.5 Division, total
Lindex, Finland5.65.51.354.553.12.665.8
Lindex,46.144.53.7410.4368.511.4461.3
international operations
Lindex, total51.750.03.4464.9421.610.3527.0
Seppälä, Finland7.47.8-5.576.275.21.294.3
Seppälä,4.34.21.440.837.97.745.2
international operations
Seppälä, total11.712.0-3.1117.0113.13.4139.5
Real estate +0.00.10.00.50.6
others Operations in 108.2 101.8 6.2 777.7 744.7 4.4 946.4 Finland, total International 87.3 79.2 10.2 663.1 598.5 10.8 742.2 operations, total Stockmann total, 195.5 181.1 8.0 1 440.8 1 343.3 7.3 1 688.6 continuing operations Closed operations: 0.0 0.0 0.0 9.9 9.9 Hobby Hall, international operations Stockmann total 195.5 181.1 8.0 1 440.8 1 353.2 6.5 1 698.5

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION NASDAQ OMX Principal media





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