Brief: Marimekko Posts Lower Licensing Income In EMEA In Q1

Marimekko Oyj

16/05/2023 06:08

May 16 (Reuters) - Marimekko Oyj  MEKKO.HE :
    * AS ESTIMATED EARLIER, NET SALES DECREASED DUE TO A DECLINE
IN
FINNISH WHOLESALE SALES AND LOWER LICENSING INCOME IN EMEA
REGION
    * ON OTHER HAND, NET SALES WERE BOOSTED BY INCREASED RETAIL
SALES
IN FINLAND AND GROWING INTERNATIONAL WHOLESALE SALES
    * FINANCIAL GUIDANCE FOR 2023: MARIMEKKO GROUP'S NET SALES
FOR
2023 ARE EXPECTED TO GROW FROM PREVIOUS YEAR (2022: EUR 166.5
MILLION)
    * FINANCIAL GUIDANCE FOR 2023: COMPARABLE OPERATING PROFIT
MARGIN
IS ESTIMATED TO BE APPROXIMATELY SOME 16-19 PERCENT (2022: 18.2
PERCENT)

Source text for Eikon:  ID:nGNE8P8hxw 
Further company coverage:  MEKKO.HE 

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