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Marimekko Oyj (MMO1V.HE)

MMO1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Marimekko Q1 operating result swings to profit of EUR 0.9 mln
Wednesday, 10 May 2017 01:33am EDT 

May 10 (Reuters) - MARIMEKKO OYJ :Q1 NET SALES GREW BY 7 PERCENT TO EUR 22.5 MILLION (Q1/2016: 20.9).Q1 OPERATING PROFIT EUR 0.9 MILLION VERSUS LOSS EUR 1.1 MILLION YEAR AGO.FINANCIAL GUIDANCE FOR 2017 (UNCHANGED).  Full Article

Marimekko Q4 comparable operating profit up at EUR 1.8 mln
Thursday, 9 Feb 2017 01:30am EST 

Marimekko OYJ : Q4 net sales 28.2 million euros ($30.12 million) versus 27.5 million euros year ago . Net sales and comparable operating profit for 2017 are forecast to be at same level as in previous year . Q4 comparable operating profit 1.8 million euros versus 1.3 million euros year ago .Will propose to annual general meeting that a dividend of 0.40 euro per share be paid for 2016.  Full Article

Marimekko Q2 comparable operating rises to EUR 0.9 million
Thursday, 11 Aug 2016 01:30am EDT 

Marimekko Oyj : Q2 net sales 23.5 million euros ($26.2 million) versus 23.4 euros year ago . Q2 comparable operating result 0.9 million euros versus 0.3 million euros year ago . Q2 EBITDA 1.9 million euros versus 1.4 million euros year ago . 2016 operating profit excluding restructuring costs is expected to be higher than in previous year .Net sales for 2016 are forecast to be at same level as in 2015.  Full Article

BRIEF-Marimekko Q1 net sales up 4 pct at EUR 20.9 million
Thursday, 12 May 2016 01:30am EDT 

Marimekko Oyj : Q1 operating loss 1.1 million euros ($1.26 million) versus loss 1.3 million euros year ago . Q1 net sales grew by 4 percent to 20.9 million euros (Q1 2015: 20.1 million euros) . 2016 net sales are expected to be at same level as in 2015 .2016 operating profit excluding restructuring costs is expected to be higher than in previous year.  Full Article

Marimekko Oyj opens an online store in Australia
Tuesday, 5 Apr 2016 02:00am EDT 

Marimekko Oyj:Opens an online store in Australia.Store opened in beginning of April 2016.  Full Article

Marimekko Oyj to cut minimum of 35 jobs - Reuters News
Monday, 14 Mar 2016 09:35pm EDT 

Marimekko Oyj:The consultative negotiations started at Marimekko Corporation in January 2016 have been concluded‍.Minimum of 35 jobs will lead to termination​.Streamlining and reorganisation of operations as well as outsourcing will concern a maximum of 55 jobs​.Change will lead to some local organisational restructuring​.Annual savings will be about 2.1 million euros.  Full Article

Marimekko and Target announce design partnership for spring collection
Wednesday, 2 Mar 2016 09:00am EST 

Marimekko Oyj:Marimekko and Target announce design partnership for spring collection.Marimekko for Target capsule collection will be available at all Target stores and Target.com in United States starting April 17.  Full Article

Marimekko ‍Tiina Alahuhta-Kasko will incorporate duties of both President and CEO​
Tuesday, 23 Feb 2016 01:30am EST 

Marimekko Oyj:Board of Directors decided to revise Marimekko Corporation’s governance model.Tiina Alahuhta-Kasko will incorporate the duties of both the President and the CEO.‍‍Former CEO Mika Ihamuotila will continue to be employed by company pursuant to his full-time executive service agreement.Changes will take effect after annual general meeting of April 11, 2016​​.  Full Article

Marimekko Oyj propose dividend of FY 2015, provides outlook for FY 2016
Thursday, 11 Feb 2016 01:30am EST 

Marimekko Oyj:Will propose 2015 dividend of ‍0.35​ euro per share.‍Marimekko group's net sales for 2016 are forecasted to be at same level as in 2015​.2016 ‍operating profit excluding restructuring costs is expected to be higher than in previous year​.  Full Article

Marimekko to streamline its operations, eliminate 55 jobs in Finland
Thursday, 14 Jan 2016 02:00am EST 

Marimekko Oyj:Plans to streamline its operations.‍This is estimated to result in elimination of a maximum of 55 jobs in Finland​.‍All of company's fixed costs will also be scrutinised​.‍If implemented to its full extent, reorganisation can yield annual savings in costs estimated at roughly 2.4 million euros and an improvement in operating result​.‍Negotiations will also consider possible changes to job descriptions, working methods and organisation of work​.  Full Article

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BRIEF-Marimekko Q1 operating result swings to profit of EUR 0.9 mln

* Q1 NET SALES GREW BY 7 PERCENT TO EUR 22.5 MILLION (Q1/2016: 20.9)