Marimekko reported a 7 per cent increase in Q1 FY24 net sales to €37.7 million (~$40.9 million), driven by a rise in wholesale sales in Finland and notable international growth.
Operating profit rose to €5.1 million from €3.8 million.
The company expects FY24 net sales to exceed €174.1 million, with a projected operating profit margin of 16–19 per cent.Marimekko reported a 7 per cent increase in Q1 FY24 net sales to €37.7 million (~$40.9 million), driven by a rise in wholesale sales in Finland and notable international growth.
Operating profit rose to €5.1 million from €3.8 million.
The company expects FY24 net sales to exceed €174.1 million, with a projected operating profit margin of 16–19 per cent.
Finnish fashion firm Marimekko sales soar 7% in Q1 FY24
