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Stockmann Oyj Abp (STCBV.HE)

STCBV.HE on Helsinki Stock Exchange

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Thu, Sep 14 2017

BRIEF-Stockmann negotiates sale of Nevsky Centre property in St Petersburg

* STOCKMANN IS NEGOTIATING THE DIVESTMENT OF ITS NEVSKY CENTRE PROPERTY

BRIEF-Stockmann says Ingvar Larsson resigns as Lindex CEO

* Elisabeth Peregi, currently the Country Manager of Lindex Sweden, appointed interim CEO of Lindex

BRIEF-Stockmann Q2 adj. EBIT at EUR ‍14.6​ mln, below expectations

* Q2 REVENUE EUR ‍281.3​ MILLION (REUTERS POLL: EUR 284 MILLION)

UPDATE 1-Stockmann sells its grocery business in Finland

* Finnish department store and fashion chain group Stockmann Oyj said on Friday it will sell its grocery business to Finland's largest food retailer S Group for 27 million euros ($30.85 million)

BRIEF-Stockmann to sell its Delicatessen business in Finland

* STOCKMANN TO SELL ITS DELICATESSEN BUSINESS IN FINLAND TO S GROUP - STOCKMANN DELICATESSEN STORES WILL REMAIN IN ALL DEPARTMENT STORES

BRIEF-Stockmann Q1 revenue EUR 242.7 million, slightly below expectations

* Q1 REVENUE EUR 242.7 MILLION (REUTERS POLL: EUR 244 MILLION)

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