Output of Marimekko Herttoniemi textile printing factory up in H1
13 Aug '10
4 min read
Net Sales
April-June In the April-June period of 2010, the Marimekko Group's net sales fell by 1.6% to EUR 15,747 thousand (EUR 15,999 thousand). The decrease was attributable to a decline in international sales; these fell by 11.2% to EUR 4,334 thousand (EUR 4,883 thousand). Net sales in Finland increased by 2.7% to EUR 11,413 thousand (EUR 11,116 thousand). January-June In the January-June period of 2010, the Marimekko Group's net sales decreased by 1.6% to EUR 31,755 thousand (EUR 32,262 thousand). Net sales in Finland fell by 1.8% to EUR 21,598 thousand (EUR 21,990 thousand). The decline was primarily attributable to an extensive price-led promotion organised in the first quarter of 2009 to reduce inventories. International sales decreased by 1.1% to EUR 10,157 thousand (EUR 10,272 thousand), which represented 32.0% (31.8%) of the Group's net sales.
The breakdown of the Group's net sales by product line was as follows: clothing 40.8%, interior decoration 42.9%, and bags 16.3%. Net sales by market area were: Finland 68.0%, the other Nordic countries 10.8%, the rest of Europe 7.7%, North America 5.1%, and other countries (Japan and other regions outside Europe and North America) 8.4%.
Production In the January-June period of 2010, the output of the Herttoniemi textile printing factory increased by 14%. The production volume of the Sulkava factory decreased somewhat compared with the corresponding period of the previous year. The output of the Kitee factory declined substantially as a result of changes to the production structure implemented in 2009.
Marimekko, established in 1951, is a leading Finnish textile and clothing design company renowned for its original prints and colours. The company designs and manufactures high-quality clothing, interior decoration textiles, bags, and other accessories.
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