In September, the Stockmann Group's sales were up 7 per cent and amounted to EUR 129.8 million. In Finland there was one business day less this September than in September 2006.

The best percentage increase in sales was reported by Seppälä whose sales were up 21 per cent. The division's sales were up 2 per cent in Finland and a whopping 82 per cent abroad. The strong growth abroad was attributable to the strong like-for-like sales growth in all market areas and the expansion of the network of stores especially in Russia.

Sales by the Department Store Division were up 9 per cent. Sales grew by 3 per cent in Finland and 26 per cent abroad. The good growth in International Operations was attributable to the growth in like-for-like sales in all market areas, the effect of the new department store that was opened in Moscow in February, and the expansion of the Bestseller chain in Russia.

Sales by Hobby Hall were 10 down on the September last year. Sales were down 9 per cent in Finland and 16 per cent abroad. The decrease in the monthly sales was attributable to the different campaign timing compared with last year and the change in the recording of sales brought by the new data system that was introduced in the spring. As a consequence of this change, the sales made during the last weekend of the month wasn't recorded until in October.

Sales figures in September

September January-September January- December

20072006 perc.20072006perc.2006
MeMe 07/06MeMe07/06Me
Department Store68.066.32.7586.0561.54.4832.2
Division, Finland Department Store 29.7 23.5 26.3 231.7 194.2 19.3 286.9 Division, international operations Department Store 97.7 89.8 8.9 817.7 755.6 8.2 1 119.0 Division, total
Hobby Hall, Finland14.115.4-8.5119.7119.9-0.2167.2
Hobby Hall,3.13.7 -15.627.824.414.332.6
international operations
Hobby Hall, total17.219.1-9.9147.5144.32.3199.8
Seppälä, Finland9.
Seppälä, international5.22.981.636.224.149.834.6
Seppälä, total14.912.320.8123.6112.89.6158.1
Real estate + others0.
Operations in Finland,91.891.10.7793.8770.73.01 123.7
total* International 38.0 30.0 26.5 295.7 242.7 21.9 354.1 operations, total Stockmann total* 129.8 121.2 7.1 1 089.5 1 013.3 7.5 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-September 2007 change perc.

Operations in Finland, total-6.1
Stockmann total0.1


Hannu Penttilä CEO

DISTRIBUTION OMX Nordic Exchange Helsinki Principal media