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Stockmann Oyj Abp (STCBV.HE)

STCBV.HE on Helsinki Stock Exchange

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Wed, Feb 15 2017

BRIEF-Kai Laitinen appointed Stockmann's chief financial officer

* Laitinen has most recently served as chief financial officer at Finavia OYJ

BRIEF-Stockmann Q4 adj. EBIT EUR 36.5 million, above estimates

* Q4 revenue 388.4 million euros ($410.89 million) versus 387 million euros seen in Reuters poll

BRIEF-Stockmann sales for full year 2016 down by 5.3%

* Sales for full year 2016 were down by 5.3 per cent and amounted to 1.17 billion euros ($1.25 billion) in continuing product areas and businesses

BRIEF-Stockmann: October sales down 7.2 pct

* Stockmann group's sales in October were down by 7.2 pct and amounted to 125.1 million euros in continuing product areas and businesses Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Stockmann transfers part of its ict activities to Tech Mahindra

* 33 of Stockmann's current ict employees are planned to transfer to Tech Mahindra on Jan. 1 2017

UPDATE 1-Finland's Stockmann posts surprise profit, mulls real estate deal

Oct 28 Finnish department store and fashion chain group Stockmann Oyj on Friday posted a surprise third-quarter profit on the back of cost-cuts, and said it was looking into a sale of a real estate in St Petersburg.

BRIEF-Stockmann Q3 EBIT of EUR 2.9 mln beats Reuters poll

* Q3 revenue 288.9 million euros ($314.99 million) (Reuters poll: 286 million euros)

BRIEF-Stockmann: September sales down 10.7 pct

* Sales in September were down by 10.7 pct and amounted to 82.5 million euros ($92.41 million) Source text for Eikon:

UPDATE 1-Finnish retailer Stockmann names Veijalainen as CEO

HELSINKI, Sept 12 Finnish retailer Stockmann appointed its interim chief executive Lauri Veijalainen as the company's new CEO on Monday.

BRIEF-Stockmann August sales up 0.2 pct

* Group sales in August up 0.2 pct at 86.8 million euros in continuing product areas and businesses Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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