Marimekko Oyj

Ticker/ISIN
MEKKO
FI0009007660
Marknad/Land
Main Market, Helsinki
Sweden

Om Marimekko Oyj

Marimekko Corporation, 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. Marimekko products are sold in over 40 countries. Products with Marimekko designs are also manufactured under licence in various countries. In 2008, the company’s net sales amounted to EUR 81.1 million. Exports and income from international operations accounted for 27.0% of the Group’s net sales. The company’s share is quoted on the NASDAQ OMX Helsinki Ltd.

Senaste sammanfattade pressmeddelande från Marimekko Oyj

On January 28, 2025, Marimekko Corporation announced shareholder proposals for the Annual General Meeting on April 15, 2025, regarding the Board of Directors. Shareholders representing about 27% of shares propose electing six Board members: Massimiliano Brunazzo, Carol Chen, Mika Ihamuotila, Teemu Kangas-Kärki, Tomoki Takebayashi, and Marianne Vikkula. Most are independent, except Mika Ihamuotila due to his indirect shareholding. If elected, Mika Ihamuotila would be Chair and Teemu Kangas-Kärki Vice Chair. Remuneration would remain the same as in 2024, with a mix of cash and shares, and additional fees for committee work. Mika Ihamuotila would receive a monthly fee for half-time duty as Chair. Further details are available on Marimekko's website. Marimekko is a Finnish design company known for its unique prints, with significant sales and a global presence.
Marimekko Corporation has had its emission reduction targets approved by the Science Based Targets initiative, aligning with the UN Paris Climate Agreement. The company aims to reduce its greenhouse gas emissions by 2030, targeting a 42% reduction in scope 1 and 2 emissions and a 51.6% reduction in scope 3 emissions per million EUR value added, based on a 2022 baseline. Marimekko has been calculating its carbon footprint since 2019 and has already achieved a 70% reduction in scope 1 and 2 emissions by transitioning to renewable energy at its Helsinki headquarters and factory. The company is committed to sustainability as a strategic priority and will provide further details in its upcoming sustainability report. Founded in 1951, Marimekko is known for its distinctive designs and operates around 170 stores globally, with significant markets in Northern Europe, the Asia-Pacific region, and North America. In 2023, its net sales were EUR 174 million.
Marimekko Corporation released its interim report for January-September 2024, highlighting that its net sales in the third quarter were nearly at record levels despite lower non-recurring promotional deliveries. The operating profit margin remained strong. Marimekko expects its net sales for 2024 to grow from 2023 levels, with an estimated operating profit margin of 16-19%. The company faces uncertainties due to global supply chain disruptions, inflation, and consumer confidence, particularly in Finland. In Q3, international sales grew by 9%, with significant growth in the Asia-Pacific region and Scandinavia. However, total net sales in Finland decreased by 9%. Marimekko's financial position remains robust, with a focus on scaling profitable growth and expanding its brand globally. The company is celebrating the 60th anniversary of its Unikko print and launched its first denim collection, Marimekko Maridenim, which has been well-received. Marimekko's strategy for 2023-2027 emphasizes growth in Asia, with plans to open 10-15 new stores primarily in this region. The company is monitoring economic conditions and adjusting its operations accordingly. A media and investor conference will be held to discuss the report further.
Marimekko Corporation has announced a change in the publication date for its Half-year Financial Report for January–June 2025, moving it to August 14, 2025. In 2025, the company will observe a 30-day silent period before releasing financial information. The Financial Statements and the Report of the Board of Directors for 2024 will be available by week 12. The Annual General Meeting is scheduled for April 15, 2025, and shareholders can request agenda items by January 22, 2025. Marimekko is a Finnish lifestyle design company known for its distinctive prints and colors, offering products such as clothing, bags, accessories, and home décor. In 2023, the company reported net sales of EUR 174 million and an operating profit margin of 18.4%. Marimekko operates around 170 stores worldwide and serves 38 countries through its online store, focusing on markets in Northern Europe, the Asia-Pacific region, and North America. The company employs approximately 470 people and its shares are listed on Nasdaq Helsinki Ltd.
Marimekko Corporation will publish its Interim Report for the period from January 1 to September 30, 2024, on November 6, 2024, at 8:00 a.m. EET. The report and related materials will be accessible on the company's website. A media and investor conference in English will take place on the same day at 2:00 p.m. EET, with a live webcast available for viewing. Questions can be submitted in writing during the webcast. Marimekko, a Finnish lifestyle design company known for its distinctive prints and colors, offers products including clothing, bags, accessories, and home décor. In 2023, the company reported net sales of EUR 174 million and a comparable operating profit margin of 18.4%. Marimekko operates approximately 170 stores worldwide and has an online presence in 35 countries, with key markets in Northern Europe, the Asia-Pacific region, and North America. The company employs about 470 people and is listed on Nasdaq Helsinki Ltd.
Marimekko and UNIQLO have launched a limited-edition Fall/Winter 2024 collection inspired by Nordic nature, featuring functional layering pieces for women and children. The collection, available in UNIQLO stores and online starting October 24, 2024, showcases prints by designers Maija Isola and Annika Rimala, including fleece cardigans, lambswool knits, and HEATTECH garments. This collaboration enhances Marimekko's global brand awareness and supports its international growth strategy, while generating licensing income. Marimekko, a Finnish design company known for its prints and colors, reported net sales of EUR 174 million in 2023. UNIQLO, part of Japan's Fast Retailing Group, operates over 2,500 stores worldwide, with fiscal 2024 sales of approximately 3.1 trillion yen.
Marimekko will host a Capital Markets Day for investors, financial analysts, and media on 11 September 2024. The event will be conducted in English, starting at 13:30 EEST, and can be viewed via a live webcast. Marimekko’s President and CEO Tiina Alahuhta-Kasko, along with other top management members, will discuss the progress of the company’s SCALE strategy for 2023–2027, focusing on key growth drivers and international expansion enablers. Presenters will include Rebekka Bay, Natacha Defrance, Mikki Inkeroinen, Noora Laurila, and Sanna-Kaisa Niikko. A recording and presentation materials will be available on the company’s website post-event. Marimekko, a Finnish lifestyle design company known for its distinctive prints and colors, reported net sales of EUR 174 million in 2023 and operates around 170 stores globally. The company’s share is listed on Nasdaq Helsinki Ltd.
Marimekko Corporation has announced its schedule for financial reporting and the Annual General Meeting (AGM) for 2025. The financial reports will be published on the following dates: Financial Statement Bulletin 2024 on February 19, Interim Report for Q1 on May 14, Half-year Financial Report on August 13, and Interim Report for Q3 on October 31. A silent period will be observed 30 days prior to each publication. The Financial Statements and the Report of the Board of Directors for 2024 will be released by week 12. The AGM is planned for April 15, 2025, and shareholders can request agenda items by January 22, 2025. Resolutions from the AGM will be announced afterward. Marimekko, a Finnish lifestyle design company known for its unique prints and colors, reported net sales of EUR 174 million in 2023 and operates around 170 stores worldwide. The company is listed on Nasdaq Helsinki Ltd.

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Nyhetsuppdatering från Marimekko Oyj

Nyheter för investerare: Invitation to Marimekko Capital Markets Day 2024

Marimekko Corporation has announced its Capital Markets Day event scheduled for 11 September 2024, from 13.30 to 16.30 EEST. The event will feature presentations by President and CEO Tiina Alahuhta-Kasko and other top management members, focusing on the company's strategy for 2023-2027, particularly its international growth plans. The event will be conducted in English and can be attended physically at Marimekko Headquarters in Helsinki or followed via a live webcast. Institutional investors, financial analysts, and media can register for the event by contacting ir@marimekko.com. Detailed agenda and participation information will be available on the company’s website closer to the event date. Post-event, a recording and presentation materials will also be accessible online. Marimekko, a Finnish lifestyle design company known for its distinctive prints and colors, reported net sales of EUR 174 million in 2023 and operates globally with about 170 stores and an online presence in 37 countries. The company is listed on Nasdaq Helsinki Ltd.

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Main Market, Helsinki News

Nyhetsuppdatering från Marimekko Oyj

Transaktioner utförda av personer i ledande ställning: Marimekko Corporation: Managers' transactions (Chen)

Marimekko Corporation announced that 40% of the annual remuneration for its board members will be paid in company shares, as per a resolution from its Annual General Meeting on 16 April 2024. Board member Carol Chen received 847 shares as part of this share-based incentive. The transaction was carried out on 21 May 2024, with the shares acquired from the market. Marimekko is a Finnish lifestyle design company, with net sales totaling EUR 174 million in 2023. The company operates about 170 stores globally and employs around 470 people.

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Nyhetsuppdatering från Marimekko Oyj

Transaktioner utförda av personer i ledande ställning: Marimekko Corporation: Managers' transactions (Takebayashi)

Marimekko Corporation's Annual General Meeting decided that about 40% of the annual remuneration for Board of Directors members will be paid in company shares. Following this resolution, Board member Tomoki Takebayashi has received 847 shares as part of a share-based incentive. The transaction was conducted on 21 May 2024. Marimekko is a Finnish lifestyle design company known for its unique prints and colors, and its shares are listed on Nasdaq Helsinki Ltd.

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Main Market, Helsinki News

Nyhetsuppdatering från Marimekko Oyj

Transaktioner utförda av personer i ledande ställning: Marimekko Corporation: Managers' transactions (Kangas-Kärki)

Marimekko Corporation's Annual General Meeting decided that around 40% of the Board of Directors' annual remuneration will be paid in Marimekko’s shares. Following this decision, Teemu Kangas-Kärki, a board member, received 1129 shares as part of a share-based incentive. The Finnish lifestyle design company, known for its unique prints and colors, reported net sales of EUR 174 million in 2023 with an operating profit margin of 18.4%. The company has approximately 170 stores worldwide and an online store serving 35 countries.

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Nyhetsuppdatering från Marimekko Oyj

Transaktioner utförda av personer i ledande ställning: Marimekko Corporation: Managers' transactions (Brunazzo)

Marimekko Corporation's Annual General Meeting on 16 April 2024 decided that about 40% of the annual remuneration for board members will be paid in the company's shares. Following this resolution, Massimiliano Brunazzo, a board member, received 847 shares as part of a share-based incentive. The Finnish lifestyle design company, known for its unique prints and colors, reported net sales of EUR 174 million in 2023 with a comparable operating profit margin of 18.4%. The company operates around 170 stores globally and its shares are listed on Nasdaq Helsinki Ltd.

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Main Market, Helsinki News

Nyhetsuppdatering från Marimekko Oyj

Transaktioner utförda av personer i ledande ställning: Marimekko Corporation: Managers' transactions (Vikkula)

Marimekko Corporation's Annual General Meeting held on 16 April 2024 decided that 40% of the annual remuneration for Board of Directors members will be paid in the company's shares. Following this decision, shares have been acquired by Marianne Vikkula, a member of the board. The transaction involved 847 shares at a unit price of 0.00 EUR. Marimekko is a Finnish lifestyle design company with a product portfolio that includes clothing, bags, accessories, and home decor items. In 2023, the company reported net sales of EUR 174 million and a comparable operating profit margin of 18.4 percent.

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Main Market, Helsinki News

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Interimsrapport: INTERIM REPORT OF MARIMEKKO CORPORATION, 1 January-31 March 2024: Marimekko's net sales grew in the first quarter in particular as a result of timing of non-recurring promotional deliveries and operating profit improved

Marimekko Corporation's interim report for Q1 2024 reveals that the company's net sales grew, particularly due to the timing of non-recurring promotional deliveries. The Finnish design company's operating profit also improved. Marimekko's net sales for 2024 are expected to grow from the previous year's €174.1 million, with a comparable operating profit margin of 16-19%. However, uncertainties such as global supply chain disruptions and inflation could cause volatility in the outlook for 2024. The company's net sales for Q1 2024 increased by 7% to €37.7 million, boosted by the growth of wholesale sales in Finland and international net sales. The company's comparable operating profit grew by 36% to €5.2 million. Marimekko is celebrating the 60th anniversary of its Unikko print in 2024, and plans to continue its growth in Asia.

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Nyhetsuppdatering från Marimekko Oyj

Nyheter för investerare: Release of Marimekko's Interim Report, 1 January-31 March 2024

Marimekko Corporation will release its Interim Report for the period of 1 January–31 March 2024 on 15 May 2024. The report will be available on the company's website, and a media and investor conference will be held on the same day. The conference will be webcast live, with a recording available later. Marimekko is a Finnish lifestyle design company, known for its original prints and colors. In 2023, the company's net sales totaled EUR 174 million with a comparable operating profit margin of 18.4 percent. Marimekko operates approximately 170 stores worldwide and an online store serving 35 countries. The company employs about 470 people and is listed on Nasdaq Helsinki Ltd.

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Nyhetsuppdatering från Marimekko Oyj

Nyheter för investerare: Marimekko celebrates the 60th anniversary of the Unikko print in Helsinki and Tokyo with public open-air fashion shows

Marimekko Corporation is celebrating the 60th anniversary of its iconic Unikko print with public open-air fashion shows in Helsinki and Tokyo. The annual Marimekko Day, held in mid-May, will feature the Spring/Summer 2024 collection, live music, and is hosted by Marimekko’s President and CEO Tiina Alahuhta-Kasko and journalist Maria Veitola. This year, the event will also be held in Tokyo for the first time, reflecting Marimekko's strategic focus on Asia for international growth. The Spring/Summer 2024 collection combines feminine minimalism with modern utilitarian workwear and features different renditions of the Unikko print. The fashion shows will take place on 17 May 2024 in Helsinki and 18 May 2024 in Tokyo.

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Nyhetsuppdatering från Marimekko Oyj

Kommuniké från årsstämma: Resolutions of Marimekko Corporation's Annual General Meeting and the Board of Directors' constitutive meeting

At the Annual General Meeting (AGM) of Marimekko Corporation, the company's financial statements for 2023 were adopted and a dividend of EUR 0.37 per share was approved for payment on 25 April 2024. The Board of Directors and the President and CEO were discharged from liability for the 2023 financial year. The AGM also adopted the remuneration report and policy for governing bodies and set the annual remuneration for board members. The board was confirmed to consist of six members, with Mika Ihamuotila re-elected as Chair and Teemu Kangas-Kärki as Vice Chair. The AGM authorized the board to decide on the acquisition of up to 150,000 of the company’s own shares and the issuance of up to 200,000 new shares. The minutes of the AGM will be available on the company's website from 30 April 2024.