TIIMARI GROUP'S NET SALES IN MAY 2011 (preliminary)

| Source: Tiimari Oyj Abp Tiimari Oyj Abp 

 

Tiimari Plc                Stock Exchange Release 6 June 2011 at 9.30

TIIMARI GROUP'S NET SALES IN MAY 2011 (preliminary)

Tiimari group sales in May were EUR 4.9 million (EUR 4.3 million) or approximately 15% higher than last year. Sales in Finland were up 6% from the previous year. Gallerix chain's sales in Sweden were up 45% from the previous year in local currency, in EUR terms the growth was 56%. Gallerix chain sales growth in Sweden is mainly explained by the growth of its own stores in relation to the franchise stores.

Tiimari Group's five-month cumulative sales stood at EUR 24.8 million which is EUR 1.4 million and 5% lower than year ago. Cumulative sales number in Finland was 9% lower. Gallerix chain’s cumulative sales in Sweden increased 8% in local currency and in EUR terms the growth was 14%.   

       

Tiimari Group's sales in May 2011           

   monthly sales  accumulated sales  
  5/2011    5/2010      chg    1-5/2011    1-5/2010       chg    1-12/2010  
Tiimari 3 548 3 406 4 % 18 842 20 947 -10 % 61 889  
Gallerix 1 373 881 56 % 5 927 5 210 14 % 13 904  
Total 4 921 4 287 15 % 24 768 26 157 -5 % 75 792  
                 
Finland 3 352 3 173 6 % 17 785 19 571 -9 % 58 379  
Sweden 1 379 913 51 % 5 983 5 521 8 % 14 258  
Other countries 190 201 -5 % 1 000 1 065 -6 % 3 156  
Total 4 921 4 287 15 % 24 768 26 157 -5 % 75 792  

                             

Niila Rajala
Managing Director                                                              
Tiimari Plc                                                                                               

Further information:                                                           

Managing Director Niila Rajala, tel. + 358 (0)3 812911, e-mail: niila.rajala@tiimari.fi                          

Chief Financial Officer Kai Järvikare, tel. +358 44 7129475, e-mail: kai.jarvikare@tiimari.fi                           

Distribution:
NASDAQ OMX Helsinki                                              
important news media                                                           
www.tiimari.com                                                                

Tiimari Plc is a listed company. The group consists of two retail shop concepts: Tiimari and Gallerix. These two concepts do business in five countries within the Baltic Sea region and there are altogether nearly 300 shops. All concepts belong to the forerunners of their market segment.