Stockmann Group's Financial Statement Bulletin 2016
Operating result back to profit – adjusted EBIT improved by EUR 48.7 million in 2016STOCKMANN plc, Financial Statement Release 15.2.2017 at 8:00 EET October-December 2016:- Consolidated revenue was EUR 388.4 million (EUR 420.0 million).- Revenue in continuing product areas and businesses was down by 6.5 per cent.- Gross margin was up, to 53.5 per cent (51.0 per cent).- Adjusted operating profit was EUR 36.5 million (EUR 18.5 million).- Reported operating profit was EUR 33.8 million (EUR 4.3 million). January-December 2016:- Consolidated revenue was EUR 1 303.2 million (EUR