Marimekko Oyj

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.