Stockmann Dec sales up 52 pct at 263 mln eur; FY sales up 13 pct at 1.670 bln |
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Tue, 08 Jan 2008 09:55
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HELSINKI (Thomson Financial) - Retailer Stockmann said group sales rose 52 pct in December year-on-year to 263 mln eur, boosted by new selling space and 'good' like-for-like sales growth abroad.Home shopping unit Hobby Hall registered the biggest rise in sales during the month, recording 34 pct jump due to a new Christmas Campaign and the introduction of the ERP system.Lindex, which Stockmann got the control of on Dec 5, recorded 70 mln eur sales during the period from Dec 6 till Dec 31.In Finland, sales at the group's core Stockmann department stores rose 10 pct in December, while Seppala, the fashion chain, recorded a rise of 9 pct.For the full-year 2007, the group's sales amounted to 1.670 bln eur, a 13 pct year-on-year growth.azer.sawiris@thomson.comafs/lamCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Stockmann Nov sales up 9 pct at 142 mln eur UPDATE 