Brief: Marimekko Raises Outlook For 2019 Comparable Operating Profit

Marimekko Oyj

14/10/2019 08:02

Oct 14 (Reuters) - Marimekko Oyj  MMO1V.HE :
    * REG-MARIMEKKO RAISES ITS EARNINGS ESTIMATE; NET SALES
ESTIMATE
REMAINS UNCHANGED
    * RAISES ITS EARLIER ESTIMATE OF COMPARABLE OPERATING PROFIT
FOR
2019
    * RAISE IS DUE MAINLY TO STRONGER THAN ESTIMATED SALES
GROWTH AND
IMPROVED SALES OUTLOOK IN FINLAND AS WELL AS BETTER THAN
ESTIMATED TREND IN RELATIVE SALES MARGIN
    * ACCORDING TO NEW ESTIMATE, COMPARABLE OPERATING PROFIT FOR
2019
IS EXPECTED TO BE HIGHER THAN IN PREVIOUS YEAR, AMOUNTING TO
APPROXIMATELY EUR 17 MILLION
    * NET SALES ESTIMATE GIVEN IN HALF-YEAR FINANCIAL REPORT
REMAINS
UNCHANGED
    * PREVIOUS OUTLOOK: COMPARABLE OPERATING PROFIT EXPECTED TO
BE
HIGHER THAN IN PREVIOUS YEAR, AMOUNTING AT MOST TO APPROXIMATELY
EUR 15 MILLION

Source text for Eikon:  ID:nGNE2PrXtC 
Further company coverage:  MMO1V.HE 

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