In August, the Stockmann Group's strong sales were continued. The Group
sales increased by 11 per cent to EUR 124.2 million.
The best percentage increase was reported by Seppälä, up 16 per cent. In
Finland, Seppälä's sales were up 2 per cent, while sales abroad were up 59
per cent. The strong sales growth in all market areas was based both on
good like-for-like growth and expansion of the retail network, especially
in Russia.
Sales by Hobby Hall were up 11 per cent. In Finland, sales were up 10 per
cent, while sales abroad were up 15 per cent.
Sales by the Department Store Division were up 10 per cent. In Finland,
sales were up 8 per cent, and sales abroad were up 19 per cent. The good
sales growth abroad was contributed, for instance, by the sales of the new
department store opened in Moscow in February and expansion of the
Bestseller chain in Russia.
Sales figures in August
August January-August January-
December
change change
2007 2006 perc. 2007 2006 perc. 2006
Me Me 07/06 Me Me 07/06 Me
Department Store 65.9 61.3 7.6 518.0 495.2 4.6 832.2
Division, Finland
Department Store 24.1 20.3 19.1 202.0 170.7 18.4 286.9
Division,
international
operations
Department Store 90.0 81.5 10.5 720.0 665.9 8.1 1 119.0
Division, total
Hobby Hall, Finland 16.5 14.9 10.2 105.6 104.5 1.1 167.2
Hobby Hall, 3.2 2.8 14.9 24.8 20.7 19.6 32.6
international
operations
Hobby Hall, total 19.7 17.8 10.9 130.4 125.2 4.1 199.8
Seppälä, Finland 9.5 9.3 1.5 77.8 79.2 -1.8 123.5
Seppälä, international 4.9 3.1 58.5 30.9 21.3 45.5 34.6
operations
Seppälä, total 14.4 12.4 15.7 108.7 100.5 8.2 158.1
Real estate + others 0.1 0.1 -7.1 0.6 0.6 -8.6 0.9
Operations in Finland, 91.9 85.6 7.4 701.9 679.5 3.3 1 123.7
total*
International 32.3 26.2 23.3 257.7 212.6 21.2 354.1
operations, total
Stockmann total* 124.2 111.8 11.1 959.6 892.2 7.6 1 477.8
* The figures do not include the sales by the Stockmann Auto division that
was divested at the beginning of March 2006. If the sales by Stockmann
Auto in January-February 2006 are included in the comparison figures, the
change of sales in per cent was:
January-August 2007
change perc.
Operations in Finland, total -6.9
Stockmann total -0.8
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media