Marimekko's Q3 sales and operating profit surge amidst market challenges

Marimekko Corporation reported a notable increase in both net sales and operating profit for the third quarter of 2025, showcasing its ability to thrive amidst a challenging economic landscape.

During the July to September period, revenues surged by 8 percent, reaching 50.8 million euros, up from 47.2 million euros in the same period last year. This growth was primarily fueled by a significant boost in wholesale sales, both domestically in Finland and across international markets.

Operating profit also saw improvement, reaching 12.5 million euros, compared to 11.1 million euros in the previous year. The comparable operating profit stood at 12.7 million euros, equating to an impressive 24.9 percent of net sales.

Looking at the broader January to September timeframe, Marimekko's net sales increased by 5 percent, totaling 134.8 million euro. This growth was propelled by robust wholesale sales in Europe and the Asia-Pacific region, coupled with increased retail sales in Scandinavia and Finland.

"Marimekko’s net sales increased both in Finland and internationally in the third quarter, and our operating profit improved despite the continued challenging market situation," stated Tiina Alahuhta-Kasko, president and CEO of Marimekko, emphasising the company's strong performance in the face of adversity.

The company remains optimistic about its financial prospects for the remainder of the year. For 2025, Marimekko anticipates net sales to surpass the previous year's figures. The comparable operating profit margin is projected to fall within the range of 16 to 19 percent.

However, Marimekko acknowledges the presence of significant uncertainties that could impact its future performance. These include potential disruptions in global supply chains, fluctuations in consumer confidence and purchasing power, and ongoing tensions related to geopolitics and trade relations. The company remains vigilant in monitoring these factors and is prepared to adjust its operations and strategies accordingly.

This article was created with the help of AI.