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


Tiimari Plc            Stock Exchange Release 10 October 2011 at 11.15

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

Tiimari Group's sales in September amounted to EUR 5.2 million (EUR 5.0 million), which was approximately 4.2 % higher than in September last year. Tiimari chain’s sales amounted to EUR 3.9 million, which was approximately 2.5 % lower than in September last year. Sales were affected by the discounted sales that continued in September as well as delays in certain product deliveries.  

Gallerix chain's sales in Euros amounted to EUR 1.3 million, which was approximately 32.1 % higher than in September last year. In local currency, Gallerix chain’s growth in sales was 30.7 %. Gallerix chain's sales growth was mainly due to the growth in the number of own Gallerix stores in relation to the number of franchise stores.

Tiimari Group's nine-month cumulative sales amounted to EUR 44.8 million, which was EUR 1.0 million and 2.3 % lower than the cumulative sales during the same period last year. Cumulative sales in Finland amounted to EUR 32.2 million, which was approximately EUR 2.4 million and 7.0 % lower than the cumulative sales during the same period last year. Cumulative sales in Euros in Sweden amounted to EUR 10.8 million, which was approximately EUR 1.4 million and 15.1 % higher than the cumulative sales during the same period last year. In local currency, the cumulative sales in Sweden increased by 7.4 % compared to the cumulative sales during the same period last year. In other countries, the cumulative sales amounted to EUR 1.9 million, which was approximately EUR 0.1 million and 2.5 % lower than the cumulative sales during the same period last year.


Tiimari Group's sales in September 2011 (preliminary)    

        monthly sales      accumulated sales  
  9/2011 9/2010 chg 1-9/2011 1-9/2010 chg 1-12/2010
Tiimari 3 918 4 016 -2,5% 34 108 36 807 -7,3% 61 889
Gallerix 1 256 951 32,1% 10 719 9 055 18,4% 13 904
Total 5 174 4 967 4,2% 44 827 45 862 -2,3% 75 792
               
Finland 3 689 3 795 -2,8% 32 152 34 555 -7,0% 58 379
Sweden 1 263 950 32,9% 10 787 9 371 15,1% 14 258
Other countries 222 222 -0,1% 1 888 1 936 -2,5% 3 156
Total 5 174 4 967 4,2% 44 827 45 862 -2,3% 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                           

 

Distribution: NASDAQ OMX Helsinki
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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.

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