Edition:
India

Marimekko Oyj (MMO1V.HE)

MMO1V.HE on Helsinki Stock Exchange

37.10EUR
6:10pm IST
Change (% chg)

€-1.10 (-2.88%)
Prev Close
€38.20
Open
€37.90
Day's High
€38.20
Day's Low
€36.60
Volume
4,156
Avg. Vol
9,060
52-wk High
€38.60
52-wk Low
€20.30

Latest Key Developments (Source: Significant Developments)

Marimekko Raises Outlook For 2019 Comparable Operating Profit
Monday, 14 Oct 2019 

Oct 14 (Reuters) - Marimekko Oyj ::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.  Full Article

Marimekko Expects 2019 Comparable Operating Profit Of Up To EUR 15 Mln
Monday, 22 Jul 2019 

July 22 (Reuters) - Marimekko Oyj ::REG-MARIMEKKO RAISES ITS EARNINGS ESTIMATE; NET SALES ESTIMATE REMAINS UNCHANGED.NOW RAISES ITS EARLIER ESTIMATE OF COMPARABLE OPERATING PROFIT FOR 2019 AND CHANGES REFERENCE TO LEVEL OF PREVIOUS YEAR.ESTIMATED THAT GROUP'S NET SALES FOR 2019 WOULD BE HIGHER THAN IN PREVIOUS YEAR AND THAT COMPARABLE OPERATING PROFIT WOULD BE APPROXIMATELY AT SAME LEVEL AS YEAR BEFORE..NET SALES ESTIMATE GIVEN IN INTERIM REPORT REMAINS UNCHANGED.NET SALES ESTIMATE GIVEN IN INTERIM REPORT REMAINS UNCHANGED..COMPARABLE OPERATING PROFIT FOR 2019 IS EXPECTED TO BE HIGHER THAN IN PREVIOUS YEAR, AMOUNTING AT MOST TO APPROXIMATELY EUR 15 MILLION..ACCORDING TO NEW ESTIMATE, COMPARABLE OPERATING PROFIT FOR 2019 IS EXPECTED TO BE HIGHER THAN IN PREVIOUS YEAR, AMOUNTING AT MOST TO APPROXIMATELY EUR 15 MILLION.DUE TO GROWTH INVESTMENTS, MORE COSTS THAN IN 2018 ARE EXPECTED TO OCCUR IN REMAINING HALF OF YEAR..ESTIMATED EFFECTS OF LONG-TERM BONUS SYSTEM TARGETED AT COMPANY'S MANAGEMENT GROUP ARE ALSO EXPECTED TO EXERT A DRAG ON COMPANY'S RESULTS IN 2019.SAYS SHARE OF HOLIDAY SALES IN PARTICULAR OF COMPANY'S NET SALES FOR LAST QUARTER IS CONSIDERABLE AND OUTCOME OF HOLIDAY SEASON HAS AN IMPACT ON RESULTS FOR WHOLE YEAR.SAYS MARIMEKKO HAS BECOME AWARE OF CASES OF GREY EXPORTS AND HAS TAKEN DUE ACTION.SAYS CONTROL OF CASES MAY HAVE A WEAKENING IMPACT ON COMPANY'S SALES AND EARNINGS.  Full Article

Marimekko Q4 Operating Profit Falls To EUR 1.2 Million
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Marimekko Oyj ::REG-FINANCIAL STATEMENTS BULLETIN OF MARIMEKKO CORPORATION, 1 JANUARY – 31 DECEMBER 2018: A SUCCESSFUL YEAR – NET SALES GREW BY 9 PERCENT AND COMPARABLE OPERATING PROFIT BY 42 PERCENT.Q4 NET SALES EUR 29.7 MILLION VERSUS EUR 29.8 MILLION YEAR AGO.PROPOSAL BY BOARD OF DIRECTORS IS BASED ON EARNINGS PER SHARE (EPS) AND TAKES INTO CONSIDERATION TOTAL OF PROPOSED DIVIDENDS, EUR 1.85 PER SHARE.MARIMEKKO GROUP'S NET SALES FOR 2019 ARE FORECAST TO BE HIGHER THAN IN PREVIOUS YEAR.Q4 OPERATING PROFIT EUR 1.2 MILLION VERSUS EUR 2.4 MILLION YEAR AGO.2019 COMPARABLE OPERATING PROFIT IS ESTIMATED TO BE APPROXIMATELY AT SAME LEVEL AS YEAR BEFORE.  Full Article

Reg-Marimekko Raises Its Earnings Estimate Net Sales Estimate Remains Unchanged
Friday, 21 Sep 2018 

Marimekko Oyj ::REG-MARIMEKKO RAISES ITS EARNINGS ESTIMATE; NET SALES ESTIMATE REMAINS UNCHANGED.NOW REVISES ITS EARLIER ESTIMATE OF COMPARABLE OPERATING PROFIT FOR 2018 AND REMOVES REFERENCE TO LEVEL OF PREVIOUS YEAR.CHANGE DUE MAINLY TO A BETTER-THAN-EXPECTED TREND IN RETAIL SALES IN FINLAND IN AUGUST.COMPARABLE OPERATING PROFIT FOR 2018 IS EXPECTED TO BE HIGHER THAN IN PREVIOUS YEAR, AMOUNTING AT MOST TO APPROXIMATELY EUR 12 MILLION.NET SALES ESTIMATE GIVEN IN HALF-YEAR FINANCIAL REPORT REMAINS UNCHANGED.DURING SECOND HALF OF YEAR, A SOMEWHAT LARGER PART OF WHOLESALE SALES WILL BE GENERATED IN Q3.  Full Article

Marimekko Q2 Operating Profit EUR 9.1 Million
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Marimekko Oyj ::REG-HALF-YEAR FINANCIAL REPORT OF MARIMEKKO CORPORATION, 1 JANUARY – 30 JUNE 2018: THE SECOND QUARTER WAS STRONG; NET SALES GREW BY 24 PERCENT AND COMPARABLE OPERATING PROFIT IMPROVED MARKEDLY.Q2 NET SALES EUR 28.2 MILLION VERSUS EUR 22.8 MILLION YEAR AGO.Q2 OPERATING PROFIT EUR 9.1 MILLION VERSUS EUR 0.7 MILLION YEAR AGO.SPECIFIES ITS NET SALES ESTIMATE FOR 2018.NET SALES ARE FORECAST TO BE HIGHER THAN IN PREVIOUS YEAR.  Full Article

Marimekko To Start Acquiring Company’S Own Shares
Friday, 18 May 2018 

May 18 (Reuters) - MARIMEKKO OYJ ::REG-MARIMEKKO TO START ACQUIRING THE COMPANY’S OWN SHARES.MAXIMUM NUMBER OF SHARES TO BE ACQUIRED WILL BE 20,000, REPRESENTING ABOUT 0.25% OF TOTAL NUMBER OF COMPANY'S SHARES.PURCHASES WILL START ON 1 JUNE 2018 AT EARLIEST AND WILL BE CONCLUDED BY END OF 2018..  Full Article

Marimekko FY 2017 Preliminary Operating Profit At About EUR 8.4 Mln
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - MARIMEKKO OYJ ::MARIMEKKO GROUP'S NET SALES IN 2017 WERE ABOUT EUR 102.3 MILLION (2016: 99.6).FY 2017 PRELIMINARY OPERATING PROFIT WAS APPROXIMATELY EUR 8.4 MILLION (5.2).PROVIDES PRELIMINARY RESULTS.  Full Article

Marimekko Announces Collaboration With UNIQLO
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - MARIMEKKO OYJ ::MARIMEKKO AND UNIQLO ANNOUNCE COLLABORATION FOR SPECIAL EDITION COLLECTION – THE UNIQUE COLLECTION INVITES YOU TO DISCOVER THE JOY OF BEING BOLD.  Full Article