Tiimari Plc Stock Exchange Release 12 August 2011 at 9.30
TIIMARI GROUP'S NET SALES IN JULY 2011(preliminary)
Tiimari group sales in July were EUR 4.6 million (EUR 4.7 million) or approximately 1 % lower than last year. Sales in Finland were down 7 % from the previous year. Gallerix chain's sales in Sweden were up 16 % from the previous year in local currency, in EUR terms the growth was 19 %. 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 seven-month cumulative sales stood at EUR 33.7 million which is EUR 1.5 million and 4 % lower than year ago. Cumulative sales number in Finland was 9 % lower. Gallerix chain’s cumulative sales in Sweden increased 11 % in local currency and in EUR terms the growth was 16 %.
Tiimari Group's sales in July 2011
| monthly sales | accumulated sales | ||||||
| 7/2011 | 7/2010 | chg | 1-7/2011 | 1-7/2010 | chg | 1-12/2010 | |
| Tiimari | 3 460 | 3 700 | -6 % | 25 376 | 27 994 | -9 % | 61 889 |
| Gallerix | 1 137 | 957 | 19 % | 8 283 | 7 143 | 16 % | 13 904 |
| Total | 4 597 | 4 658 | -1 % | 33 659 | 35 137 | -4 % | 75 792 |
| Finland | 3 238 | 3 497 | -7 % | 23 909 | 26 226 | -9 % | 58 379 |
| Sweden | 1 143 | 961 | 19 % | 8 350 | 7 458 | 12 % | 14 258 |
| Other countries | 216 | 200 | 8 % | 1 400 | 1 454 | -4 % | 3 156 |
| Total | 4 597 | 4 658 | -1 % | 33 659 | 35 137 | -4 % | 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, email 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.