Tiimari Plc
Stock Exchange Release 10 January 2012 at 13.30
Tiimari Group's sales in December amounted to EUR 16.7 million (EUR 13.9 million), which was approximately 20.2 % higher than in December last year. Particularly well developed Tiimari segment’s sales in Finland, which was approximately 11.9 % higher than in December last year. The whole Tiimari segment’s sales in December amounted to EUR 13.2 million, an increase of 11.3 %. The positive sales development was due to successful decisions of product range, product deliveries and marketing activities. The discounted sale started in December but its share of total sales remained small.
Gallerix segment's sales in Euros amounted to EUR 3.5 million, which was approximately 71.7 % higher than in December last year. In local currency, Gallerix segment’s growth in sales was 69.5 %. Gallerix segment’s sales include Gallerix Ab’s sales to local franchise shops as well as sales of company’s own retail shops. The sales growth was mainly due to structural changes i.e. growth in the number of own Gallerix shops in relation to the number of franchise shops. Gallerix chain’s retail sales development in December was -4.5 %.
Tiimari Group's twelve-month cumulative sales amounted to EUR 78.1 million, which was EUR 2.4 million and 3.1 % higher than the cumulative sales during the same period last year. Cumulative sales in Finland amounted to EUR 57.6 million, which was approximately EUR 0.8 million and 1.3 % lower than the cumulative sales during the same period last year. Cumulative sales in Euros in Sweden amounted to EUR 17.5 million, which was approximately EUR 3.2 million and 22.6 % higher than the cumulative sales during the same period last year. In local currency, the cumulative sales in Sweden increased by 16.0 % compared to the cumulative sales during the same period last year. In other countries, the cumulative sales amounted to EUR 3.0 million, which was approximately EUR 0.1 million and 3.4 % lower than the cumulative sales during the same period last year.
Tiimari Group's sales in December 2011 and full year 2011 (preliminary)
| monthly sales | accumulated sales | |||||
| 12/2011 | 12/2010 | chg | 1-12/2011 | 1-12/2010 | chg | |
| Tiimari | 13 196 | 11 860 | 11.3 % | 60 780 | 61 889 | -1.8 % |
| Gallerix | 3 513 | 2 046 | 71.7 % | 17 365 | 13 904 | 24.9 % |
| Total | 16 709 | 13 906 | 20.2 % | 78 144 | 75 792 | 3.1 % |
| Finland | 12 527 | 11 193 | 11.9 % | 57 621 | 58 379 | -1.3 % |
| Sweden | 3 532 | 2 072 | 70.5 % | 17 474 | 14 258 | 22.6 % |
| Other countries | 650 | 641 | 1.4 % | 3 048 | 3 156 | -3.4 % |
| Total | 16 709 | 13 906 | 20.2 % | 78 144 | 75 792 | 3.1 % |
Niila Rajala
CEO
Tiimari Plc
Further information:
CEO Niila Rajala tel. + 358 (0)3 812911, e-mail: niila.rajala@tiimari.fi
CFO Jarmo Kanervo tel. +358 (0)3 812911, e-mail: jarmo.kanervo@tiimari.fi
Distribution: NASDAQ OMX Helsinki
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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.