Stockmann Group’s revenue in February 2012
Helsinki, Finland, 2012-03-09 09:45 CET (GLOBE NEWSWIRE) —
STOCKMANN plc, Company Announcement 9.3.2012 at 10:45 EET
The Stockmann Group’s revenue in February increased by 9.5 per cent and was EUR 137.0 million. This year February had one sales day more than in 2011.
The Department Store Division’s revenue increased by 8.8 per cent. Revenue was up 3.2 per cent in Finland and 24.6 per cent in international operations. The euro-denominated revenue of Russian operations increased by 30.5 per cent, boosted by very good comparable growth in the St Petersburg department store.
Lindex’s revenue was up 10.6 per cent; up 15.4 per cent in Finland and 10.0 per cent in international operations. Revenue in Sweden turned into growth after several months’ slow performance. Strong growth continued in all other markets.
Seppälä’s revenue was up 11.4 per cent. Growth was 12.0 per cent in Finland and 10.1 per cent in international operations. Revenue grew in all operating countries.
Revenue (exclusive of VAT) in February
|EUR mill.||%||EUR mill.||%|
|Department Store Division, Finland||61.7||3.2||122.8||3.1|
Department Store Division,
|Department Store Division, total||88.2||8.8||185.0||9.4|
|Lindex, international operations||35.6||10.0||73.4||8.6|
|Seppälä, international operations||3.0||10.1||7.2||18.1|
|Operations in Finland, total||71.9||4.6||145.1||4.5|
|International operations, total||65.1||15.5||142.9||15.5|
Change-%: change compared with the corresponding period of the previous year.
Hannu Penttilä, CEO, tel. +358 9 121 5801
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351