STOCKMANN GROUP'S SALES IN JULY 2006
STOCKMANN plc STOCK EXCHANGE RELEASE August 9, 2006, at 13.00
STOCKMANN GROUP'S SALES IN JULY 2006
The Stockmann Group's sales in July were EUR 101.9 million. Consolidated
sales, eliminating the Zara business in Russia that was divested to
Inditex of Spain as from January 1, 2006, and the Stockmann Auto business
that was transferred to new owners on March 1, 2006, were up 9 per cent.
Sales by the Department Store Division were up 10 per cent. Sales rose by
6 per cent in Finland and by 21 per cent abroad. Sales in Finland were
lifted by the new department store that was opened in the Jumbo shopping
centre in Vantaa, near Helsinki, in October 2005. In the international
operations the like-for-like growth was strong in all market areas
although the summer sale took place later than last year. Sales were
further lifted by the expansion of the Bestseller chain in Russia.
Hobby Hall's sales rose by 20 per cent. Sales in Finland were up 21 per
cent. The development of online sales in Finland was especially strong: in
July sales were up 43 per cent. Hobby Hall's sales abroad were up 9 per
cent.
Seppälä's sales were up one per cent. Sales in Finland were down 6 per
cent while they were up 46 per cent abroad. The strong growth was
attributable to the expansion of the store network in Russia, Lithuania
and Latvia.
Sales figures in July and in January-July
July January-July January-
December
| change | change |
| 2006 | 2005 perc. | 2006 | 2005 | perc. | 2005 |
| Me | Me 06/05 | Me | Me | 06/05 | Me |
| | |
| Department Store | 55.4 | 52.4 | 5.7 | 433.9 | 405.9 | 6.9 | 797.1 |
Division, Finland
Department Store 22.4 18.4 21.4 150.4 116.3 29.4 227.0
Division,
international
operations*
Department Store 77.8 70.8 9.8 584.4 522.2 11.9 1 024.1
Division, total*
| Stockmann Auto* | 74.8 | 64.3 | 16.3 | 64.3 |
| Hobby Hall, Finland | 7.8 | 6.4 | 21.1 | 89.6 | 91.3 | -1.9 | 176.5 |
| Hobby Hall, | 0.9 | 0.8 | 9.3 | 17.9 | 19.1 | -6.4 | 34.0 |
international
operations
| Hobby Hall, total | 8.7 | 7.2 | 19.8 | 107.4 | 110.4 | -2.7 | 210.5 |
| Seppälä, Finland | 12.3 | 13.1 | -6.3 | 69.9 | 73.9 | -5.4 | 132.4 |
| Seppälä, international | 3.1 | 2.2 | 45.7 | 18.2 | 11.4 | 60.1 | 22.9 |
operations
| Seppälä, total | 15.4 | 15.3 | 1.0 | 88.0 | 85.2 | 3.3 | 155.2 |
| Real estate + others | 0.1 | 0.1 | -2.4 | 0.5 | 0.5 | 5.8 | 0.9 |
| Operations in Finland, | 75.5 | 72.0 | 4.9 | 668.8 | 636.0 | 5.2 | 1 171.2 |
Total*
International 26.4 21.4 23.4 186.5 146.7 27.1 283.9
operations, total*
Stockmann total* 101.9 93.4 9.1 855.2 782.7 9.3 1 455.1
* The figures for 2005 do not include the Zara business in Russia that was
sold at the turn of the year nor the March-December sales by the Stockmann
Auto division that was divested at the beginning of March 2006. If the
sales in 2005 by Zara Russia and Stockmann Auto are included in the
comparison figures, the change of sales in per cent was:
| July | January-July |
| 2006 | 2006 |
| change | change |
| perc. | perc. |
| Department Store Division, | 3.2 | 11.4 |
international operations
| Department Store Division, total | 5.0 | 8.0 |
| Operations in Finland, total | -27.2 | -18.6 |
| International operations, total | 7.1 | 12.7 |
| Stockmann total | -20.6 | -13.3 |
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Helsinki Stock Exchange
Principal media
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