STOCKMANN GROUP'S SALES IN FEBRUARY 2005
STOCKMANN plc STOCK EXCHANGE RELEASE March 10, 2005, at 11.45
STOCKMANN GROUP'S SALES IN FEBRUARY 2005
In February, the Stockmann Group's sales amounted to EUR 125.8 million, up
5 per cent. Sales by Hobby Hall, the Department Store Division and Seppälä
improved clearly. Sales by Stockmann Auto was down as the figures for 2004
include, up to the end of June, the sales by the Volkswagen-Audi car
dealership in Herttoniemi that was transferred to Kesko. Sales by
Stockmann Auto exclusive of the Herttoniemi unit grew by 4 per cent.
The best sales growth, 18 per cent, was reported by Hobby Hall. The
division's sales grew by 23 per cent in Finland and decreased by 3 per
cent abroad due to the withdrawal from operations in Lithuania.
Sales by the Department Store Division grew by 10 per cent. The division's
sales grew by 4 per cent in Finland and by 37 per cent abroad. The brisk
growth in the Department Store Division's sales is attributable to the new
department stores and Zara stores opened in Moscow in 2004 as well as to
the strong like-for-like sales growth in the department stores in the
Baltic countries.
Sales by Seppälä grew by 11 per cent; the growth was 7 per cent in Finland
and 48 per cent abroad. The strong growth in Seppälä's sales is
attributable mainly to the expanded store network in the Baltic countries
and Russia.
Sales figures in February and in January-February
February January-February January-
December
| 2005 | 2004 | Ind. | 2005 | 2004 | Ind. | 2004 |
| | Me | Me 05/04 | Me | Me | 05/04 | Me |
| | | | | | | |
| Department Store | 52.8 | 50.5 | 104 | 107.2 | 104.4 | 103 | 746.1 |
Division, Finland
Department Store 15.7 11.5 137 34.8 22.5 155 192.7
Division,
international
operations
Department Store 68.4 62.0 110 142.0 126.9 112 938.8
Division, total
| Stockmann Auto* | 27.5 | 32.6 | 84 | 64.3 | 78.4 | 82 | 437.1 |
| Hobby Hall, Finland | 17.2 | 14.0 | 123 | 33.1 | 28.8 | 115 | 180.4 |
| Hobby Hall, | 3.4 | 3.5 | 97 | 8.0 | 7.3 | 109 | 34.0 |
international
operations
| Hobby Hall, total | 20.7 | 17.5 | 118 | 41.1 | 36.1 | 114 | 214.4 |
| Seppälä, Finland | 7.9 | 7.3 | 107 | 17.8 | 18.2 | 97 | 128.3 |
| Seppälä, | 1.2 | 0.8 | 148 | 2.7 | 1.9 | 146 | 15.4 |
international
operations
| Seppälä, total | 9.1 | 8.2 | 111 | 20.5 | 20.1 | 102 | 143.7 |
| | Real estate + | 0.1 | 0.1 | 0.1 | 0.1 | 0.9 |
others
Operations in 105.4 104.5 101 222.5 229.9 97 1 492.8
Finland, total
International 20.4 15.8 129 45.5 31.7 143 242.1
operations, total
Stockmann total* 125.8 120.3 105 268.0 261.6 102 1 735.0
* With the elimination of the sales by the unit transferred to Kesko on
July 1, 2004, from Stockmann Auto's comparison figure for 2004, the
division's sales in January-February were up 4 per cent and the
consolidated sales were up 9 per cent.
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Helsinki Exchanges
Principal media
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