THE STOCKMANN GROUP'S PRELIMINARY SALES IN DECEMBER AND IN 2005
STOCKMANN plc STOCK EXCHANGE RELEASE January 10, 2006, at 11.30
THE STOCKMANN GROUP'S PRELIMINARY SALES IN DECEMBER AND IN 2005
The Stockmann Group's preliminary sales in December grew by 7,2 per cent
to EUR 205.3 million. Full-year preliminary sales came to EUR 1 851.4
million, up 6.7 per cent on the previous year.
The best sales growth in December, an increase of 15 per cent, was
reported by the Department Store Division. Sales in Finland rose by 10 per
cent and sales abroad by 34 per cent. Growth in Finland was given a boost
by the new department store that was opened in the Jumbo Shopping Centre
in Vantaa at the end of October, where sales got off to a good start. The
strong growth in sales abroad has been driven by buoyant same-store sales
growth in all market areas as well as by the expansion of the franchising
store chains in Russia.
Seppälä's sales grew by 4 per cent. Owing to a change in the accounting
policy for recording gift card transactions, December sales in Finland
decreased by 2 per cent on the year-ago figure. Same-store sales in
Finland were at the previous year's level. Sales abroad were up 56 per
cent owing to the good growth in like-for-like sales and the expansion of
the store network.
Stockmann Auto's sales decreased by 7 per cent. The sales trend was in
line with the overall market: 10 per cent fewer new vehicles were
registered in Finland in December than a year ago.
Hobby Hall's sales were down 17 per cent. Sales in Finland fell by 17 per
cent and sales abroad by 8 per cent. Owing to the timing of marketing
actions, which differed from last year, Hobby Hall's monthly sales
compared with the previous year have fluctuated greatly during the autumn.
Hobby Hall's aggregate sales in the last quarter diminished by 2 per cent.
Stripping out from sales in 2004 the operations in Lithuania that were
wound up at the beginning of last year, Hobby Hall's like-for-like sales
in the last quarter were on a par with the previous year.
Of the Group's full-year sales, 82.2 per cent were generated in Finland
and 17.8 per cent abroad. The share of international operations in
Stockmann's sales increased by 3.9 percentage points in 2005.
The final sales figures for 2005 will be released on February 8, 2006,
when the financial statements are published.
Sales figures in December and in January-December
| December | January-December |
| change | change |
| 2005 | 2004 perc. | 2005 | 2004 | perc. |
| Me | Me 05/04 | Me | Me | 05/04 |
| | |
| Department Store | 105.6 | 96.1 | 9.9 | 797.1 | 746.1 | 6.8 |
Division, Finland
Department Store 35.1 26.2 33.7 273.5 192.7 41.9
Division,
international
operations
Department Store 140.7 122.3 15.0 1 070.7 938.8 14.0
Division, total
| Stockmann Auto* | 28.8 | 30.9 | -7.0 | 414.1 | 437.1 | -5.3 |
| Hobby Hall, Finland | 14.2 | 17.1 -17.3 | 176.5 | 180.4 | -2.2 |
| Hobby Hall, | 1.5 | 1.6 | -8.4 | 34.0 | 34.0 | -0.1 |
international
operations
| Hobby Hall, total | 15.7 | 18.8 -16.5 | 210.5 | 214.4 | -1.8 |
| Seppälä, Finland | 17.2 | 17.5 | -1.7 | 132.4 | 128.3 | 3.1 |
| Seppälä, | 2.9 | 1.9 | 55.8 | 22.9 | 15.4 | 49.0 |
international
operations
| Seppälä, total | 20.1 | 19.4 | 3.8 | 155.2 | 143.7 | 8.0 |
| Real estate + | 0.1 | 0.1 | 21.0 | 0.9 | 0.9 | -0.3 |
others
Operations in 165.8 161.7 2.5 1 521.0 1 492.8 1.9
Finland, total
International 39.4 29.7 32.8 330.4 242.1 36.5
operations, total
Stockmann total* 205.3 191.4 7.2 1 851.4 1 735.0 6.7
* 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-December were up 7 per cent and the
consolidated sales were up 10 per cent.
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Helsinki Stock Exchange
Principal media
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