Marimekko: Heads for best day in 18 years on Q1 beat

Marimekko Oyj

16/05/2019 08:41

** Shares in Finland's Marimekko  MMO1V.HE  up >14% after Q1
results
    ** Company reports Q1 adjusted operating profit of EUR 2.6
mln, above Evli estimates of EUR 1.2 mln  urn:newsml:reuters.com:*:nFWN22R1IG
    ** Evli says operating result was boosted by increased sales
and improved gross margin
    ** Wholesale sales in APAC region were up 21% as Q4'18
deliveries were transferred to Q1'19, the broker adds
    ** Shares set for best day in 18 years


 ((joanna.wodzicka@tr.com))