Brief: Marimekko Q2 Operating Profit Down At EUR 2.7 Million

Marimekko Oyj

13/08/2020 08:41

Aug 13 (Reuters) - Marimekko Oyj  MMO1V.HE :
    * Q2 NET SALES FELL BY 20 PERCENT TO EUR 23.3 MILLION
(Q2/2019:
29.1)
    * Q2 OPERATING PROFIT DECREASED BY 28 PERCENT AND WAS EUR
2.7
MILLION (3.7)
    * REDUCED NET SALES AND A DECLINE IN RELATIVE SALES MARGIN
HAD A
WEAKENING IMPACT ON RESULTS
    * EARNINGS WERE BOOSTED BY A NOTICEABLE DECREASE IN FIXED
COSTS 
    * IT IS STILL NOT POSSIBLE TO GIVE ANY PRECISE ESTIMATE OF
THE
IMPACTS OF THE PANDEMIC ON BUSINESS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE4j1y7b
    
 Further company coverage:  MMO1V.HE  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))