Brief: Marimekko Q1 Net Income Down At EUR 3.3 Million

Marimekko Oyj

14/05/2025 06:07

May 14 (Reuters) - Marimekko Oyj MEKKO.HE:

Q1 NET INCOME EUR 3.3 MILLION

Q1 REVENUE EUR 39.6 MILLION VERSUS. IBES ESTIMATE EUR 37.9 MILLION

Q1 EBITDA EUR 6.7 MILLION VERSUS. IBES ESTIMATE EUR 6.55 MILLION

Q1 EPS EUR 0.08

Q1 EBIT MARGIN 10.8%

Q1 EBIT EUR 4.3 MILLION VERSUS. IBES ESTIMATE EUR 4.38 MILLION

GROUP'S NET SALES FOR 2025 ARE EXPECTED TO GROW FROM PREVIOUS YEAR (2024: EUR 182.6 MILLION)

COMPARABLE OPERATING PROFIT MARGIN IS ESTIMATED TO BE ABOUT SOME 16-19% IN 2025 (2024: 17.5 PERCENT)

NET SALES WERE BOOSTED IN PARTICULAR BY GROWTH OF WHOLESALE SALES IN EUROPE AND INCREASED RETAIL SALES IN FINLAND

OUR RETAIL SALES ALSO DEVELOPED WELL IN ALL OF OUR OTHER MARKETS, AND WHOLESALE SALES INCREASED IN ALL OF OUR INTERNATIONAL MARKET AREAS

IN IMPORTANT DOMESTIC MARKET, FINLAND, RETAIL SALES GREW BY NINE PERCENT

MARKET OUTLOOK: INTERNATIONAL SALES ARE ESTIMATED TO GROW IN 2025

MARKET OUTLOOK: POSSIBLE DISRUPTIONS IN PRODUCTION AND LOGISTICS CHAINS MAY ALSO HAVE A NEGATIVE IMPACT ON COMPANY'S SALES, PROFITABILITY AND CASH FLOW

Source text: ID:nGNE5G9m99

Further company coverage: MEKKO.HE

 (Gdansk Newsroom)

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