Brief: Marimekko Q1 Operating Profit Falls To EUR 1.2 Million

Marimekko Oyj

14/05/2020 06:05

May 14 (Reuters) - Marimekko Oyj  MMO1V.HE :
    * Q1 NET SALES FELL BY 8 PERCENT TO EUR 24.9 MILLION (27.1
    * Q1 OPERATING PROFIT DECREASED BY 53 PERCENT TO EUR 1.2
MILLION
(2.6)
    * CORONAVIRUS PANDEMIC WILL HAVE A SIGNIFICANT NEGATIVE
IMPACT ON
MARIMEKKO'S NET SALES AND PROFITABILITY IN 2020
    * MARIMEKKO WILL DEFINE ITS GUIDANCE FOR 2020 ONCE A MORE
RELIABLE
ESTIMATE OF IMPACTS CAN BE MADE.

Source text for Eikon:  ID:nGNEc08jHT 
Further company coverage:  MMO1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))