Stockmann Group's revenue in March 2012
Helsinki, Finland, 2012-04-12 09:00 CEST (GLOBE NEWSWIRE) --
STOCKMANN plc, Company Announcement 12.4.2012 at 10:00 EET
Stockmann Group's revenue in March 2012
The Stockmann Group’s revenue in March increased by 11.9 per cent and was EUR 162.2 million.
The Department Store Division’s revenue increased by 9.6 per cent. Revenue was up 6.3 per cent in Finland and 17.7 per cent in international operations. The euro-denominated revenue of Russian operations increased by 21.2 per cent, with the St Petersburg department store leading the way.
Lindex’s euro-denominated revenue was up 17.1 per cent. The successful launch of Lindex’s spring campaign, with Gwyneth Paltrow modelling the collection, boosted the revenue growth in the main markets. Revenue was up 24.0 per cent in Finland and 16.3 per cent in international operations.
Seppälä’s revenue was up 7.4 per cent; up 9.1 per cent in Finland and 4.5 per cent in international operations. Revenue grew in all market areas.
Revenue (exclusive of VAT) in March
|
|
3/2012 |
Change |
1-3/2012 |
Change |
|
|
EUR mill. |
% |
EUR mill. |
% |
|
Department Store Division, Finland |
65.5 |
6.3 |
188.3 |
4.2 |
|
Department Store Division, international operations |
30.0 |
17.7 |
92.2 |
22.2 |
|
Department Store Division, total |
95.4 |
9.6 |
280.5 |
9.5 |
|
Lindex, Finland |
6.1 |
24.0 |
15.6 |
16.4 |
|
Lindex, international operations |
49.3 |
16.3 |
122.7 |
11.6 |
|
Lindex, total |
55.4 |
17.1 |
138.2 |
12.1 |
|
Seppälä, Finland |
7.2 |
9.1 |
20.0 |
12.1 |
|
Seppälä, international operations |
4.2 |
4.5 |
11.4 |
12.7 |
|
Seppälä, total |
11.3 |
7.4 |
31.3 |
12.3 |
|
Other operations |
0.0 |
|
0.1 |
|
|
Operations in Finland, total |
78.8 |
7.7 |
223.9 |
5.6 |
|
International operations, total |
83.4 |
16.2 |
226.2 |
15.7 |
|
Stockmann total |
162.2 |
11.9 |
450.2 |
10.5 |
Change-%: change compared with the corresponding period of the previous year.
Further information:
Hannu Penttilä, CEO, tel. +358 9 121 5801
Pekka Vähähyyppä, CFO, tel. +358 9 121 3351
www.stockmanngroup.fi
STOCKMANN plc
Hannu Penttilä
CEO
Distribution:
NASDAQ OMX
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