Stockmann Group’s Financial Statements Bulletin 2020
Challenging full year ended with profitable adjusted fourth quarterSTOCKMANN plc, Financial Statement Release, 5.3.2021 at 8.00 EET October–December 2020:- Consolidated revenue was EUR 232.0 million (285.7), down 18.1% in comparable currency rates.- Gross margin was 58.0% (56.6).- Operating result was EUR -238.4 million (25.1).- The adjusted operating result was EUR 14.2 million (30.7).- Earnings per share were EUR -3.33 (0.02).- Adjusted earnings per share were EUR 0.26 (0.07).- Restructuring programme proposal was submitted to Helsinki District Court on 14 December 2020 (