Marimekko net sales rise by 8% to EUR 77.3mn

24 Jan '08

3 min read

In 2007, sales in Marimekko's own retail shops totalled EUR 29,958 thousand (EUR 29,209 thousand). Sales in the company's own shops in Finland rose by 2.3% (2.5%). Sales to retailers in Finland increased by 9.2% (-2.8%). This increase was primarily generated by substantial deliveries for one-off promotions.

NET SALES AND EARNINGS IN Q4
In the October-December period of 2007, the Marimekko Group's net sales rose by 12.5% to EUR 22,656 thousand (EUR 20,142 thousand). Net sales in Finland increased by 13.9% to EUR 17,507 thousand (EUR 15,373 thousand); growth was primarily generated by deliveries for one-off promotions. Exports and income from international operations grew by 7.9% and totalled EUR 5,149 thousand (EUR 4,769 thousand).

The Group's operating profit fell by 10.4% to EUR 3,382 thousand (EUR 3,776 thousand). Earnings per share fell to EUR 0.31 (EUR 0.35). Earnings for the period were weakened by an increase in operating costs, the decelerating trend in sales from exports and international operations and the decrease in licensing income during the period.

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