Tiimari Plc Stock Exchange Release 8 November 2011 at 11.00
TIIMARI GROUP'S NET SALES IN OCTOBER 2011(preliminary)
Tiimari Group's sales in October amounted to EUR 6.4 million (EUR 6.5 million), which was approximately 1.8 % lower than in October last year. Tiimari chain’s sales amounted to EUR 4.9 million, which was approximately 4.6 % lower than in October last year. Sales were affected by the discounted sales that continued in October as well as delays in certain product deliveries.
Gallerix chain's sales in Euros amounted to EUR 1.5 million, which was approximately 9.4 % higher than in October last year. In local currency, Gallerix chain’s growth in sales was 7.1 %. 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 ten-month cumulative sales amounted to EUR 51.2 million, which was EUR 1.2 million and 2.2 % lower than the cumulative sales during the same period last year. Cumulative sales in Finland amounted to EUR 36.9 million, which was approximately EUR 2.6 million and 6.6 % lower than the cumulative sales during the same period last year. Cumulative sales in Euros in Sweden amounted to EUR 12.3 million, which was approximately EUR 1.5 million and 14.4 % higher than the cumulative sales during the same period last year. In local currency, the cumulative sales in Sweden increased by 7.3 % compared to the cumulative sales during the same period last year. In other countries, the cumulative sales amounted to EUR 2.1 million, which was approximately EUR 0.1 million and 3.9 % lower than the cumulative sales during the same period last year.
Tiimari Group's sales in October 2011 (preliminary)
| monthly sales | accumulated sales | ||||||
| 10/2011 | 10/2010 | chg | 1-10/2011 | 1-10/2010 | chg | 1-12/2010 | |
| Tiimari | 4 946 | 5 187 | -4,6% | 39 053 | 41 993 | -7,0% | 61 889 |
| Gallerix | 1 468 | 1 342 | 9,4% | 12 187 | 10 397 | 17,2% | 13 904 |
| Total | 6 414 | 6 529 | -1,8% | 51 240 | 52 391 | -2,2% | 75 792 |
| Finland | 4 724 | 4 934 | -4,2% | 36 877 | 39 489 | -6,6% | 58 379 |
| Sweden | 1 478 | 1 347 | 9,7% | 12 264 | 10 718 | 14,4% | 14 258 |
| Other countries | 212 | 248 | -14,5% | 2 100 | 2 184 | -3,9% | 3 156 |
| Total | 6 414 | 6 529 | -1,8% | 51 240 | 52 391 | -2,2% | 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 Jarmo Kanervo
tel. +358 (0)3 812911, e-mail: jarmo.kanervo@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.