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Stockmann Oyj Abp Maintains FY 2013 Financial Guidance


Friday, 9 Aug 2013 01:00am EDT 

Stockmann Oyj Abp announced that the Company's fiscal year 2013 financial guidance remains unchanged. The Company continues to expect revenue to increase in the fiscal year 2013, excluding the terminated franchising operations, and fiscal year 2013 operating profit not to exceed the figure for 2012. For the fiscal year 2012 the Company reported revenue of EUR 2,116.4 million and operating profit of EUR 87.3 million. According to I/B/E/S Estimates analysts on average are expecting Stockmann to report revenue of EUR 2,129.84 million and EBIT of EUR 76.70 million for the fiscal year 2013.