STOCKMANN GROUP'S SALES IN SEPTEMBER 2006
STOCKMANN plc STOCK EXCHANGE RELEASE October 10, 2006, at 9.00
STOCKMANN GROUP'S SALES IN SEPTEMBER 2006
The Stockmann Group's sales in September were EUR 121.2 million.
Consolidated sales, eliminating the Zara business in Russia that was
divested as from January 1, 2006, and the Stockmann Auto business that was
transferred to new owners on March 1, 2006, were up 7 per cent.
The best sales growth in September was reported by the Department Store
Division, up 11 per cent. Sales were up 5 per cent in Finland and 31 per
cent abroad. Sales in Finland were lifted by the new department store that
was opened in the Jumbo shopping centre in Vantaa in October 2005. In
international operations the like-for-like growth was strong in all market
areas. Sales were further lifted by the expansion of the Bestseller chain
in Russia.
Seppälä's sales were up 3 per cent. Sales in Finland were down 5 per cent
on the previous year while they were up 46 per cent abroad. Both Seppälä's
and the Department Store Division's clothing business was still affected
by the exceptionally warm weather in September, but sales picked up
clearly in the last week of the month. The strong growth in Seppälä's
sales abroad is attributable to both the strong like-for-like growth and
the expansion of the store network in Russia and the Baltic countries.
Hobby Hall's sales were down 5 per cent. In Finland sales were down 5 per
cent on the previous year while in the international operations they were
down 2 per cent.
Sales figures in September and in January-September
September January-September January-
December
| change | change |
| 2006 | 2005 perc. | 2006 | 2005 | perc. | 2005 |
| Me | Me 06/05 | Me | Me | 06/05 | Me |
| | |
| Department Store | 66.3 | 63.3 | 4.7 | 561.5 | 530.6 | 5.8 | 797.1 |
Division, Finland
Department Store 23.5 17.9 31.3 194.2 149.1 30.2 227.0
Division,
international
operations*
Department Store 89.8 81.2 10.6 755.6 679.8 11.2 1 024.1
Division, total*
| Stockmann Auto* | 74.8 | 64.3 | 16.3 | 64.3 |
| Hobby Hall, Finland | 15.4 | 16.3 | -5.4 | 119.9 | 121.7 | -1.5 | 176.5 |
| Hobby Hall, | 3.7 | 3.7 | -2.0 | 24.4 | 25.4 | -4.0 | 34.0 |
international
operations
| Hobby Hall, total | 19.1 | 20.0 | -4.7 | 144.3 | 147.1 | -1.9 | 210.5 |
| Seppälä, Finland | 9.4 | 9.9 | -5.3 | 88.6 | 94.6 | -6.3 | 132.4 |
| Seppälä, international | 2.9 | 2.0 | 46.2 | 24.1 | 15.5 | 55.9 | 22.9 |
operations
| Seppälä, total | 12.3 | 11.9 | 3.2 | 112.8 | 110.1 | 2.4 | 155.2 |
| Real estate + others | 0.1 | 0.1 | -5.4 | 0.7 | 0.7 | 2.4 | 0.9 |
| Operations in Finland, | 91.1 | 89.5 | 1.8 | 845.5 | 812.0 | 4.1 | 1 171.2 |
total*
International 30.0 23.6 27.2 242.7 190.0 27.7 283.9
operations, total*
Stockmann total* 121.2 113.2 7.1 1 088.2 1 002.0 8.6 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:
September January-September
| 2006 | 2006 |
| change | change |
| perc. | perc. |
| Department Store Division, | -2.9 | 8.6 |
international operations
| Department Store Division, total | 2.6 | 6.5 |
| Operations in Finland, total | -24.3 | -20.3 |
| International operations, total | 0.4 | 10.5 |
| Stockmann total | -19.4 | -15.0 |
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Helsinki Stock Exchange
Principal media
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