In 2013, the Marimekko Group’s net sales grew by 6 percent from the previous year. International sales rose by 16 percent, mainly due to the stores opened in North America and the Asia-Pacific region during 2012 and 2013. In the October-December period of 2013, the Group’s net sales fell by 1 percent.
Operating profit for 2013 amounted to EUR 0.1 million (2.0). Operating profit includes EUR 1.3 million in nonrecurring expenses due to arrangements arising from the statutory employer-employee negotiations, concluded during the second quarter, on the company’s manufacturing operations located in Sulkava and Kitee.
Operating profit excluding nonrecurring items in 2013 was EUR 1.4 million (2.0). The 2013 EBITDA excluding nonrecurring items increased markedly, reaching EUR 7.9 million (5.6). In the October-December period, the Group’s operating result was EUR -0.6 million (0.0).
In 2014, Marimekko will continue to invest in growth while focusing on enhancing the operations of its stores, on improving the overall profitability of business and on creating even more attractive design and products.