INTERIM REPORT OF MARIMEKKO, 1 Jan–31 Mar 2026: Marimekko's net sales and operating profit in the first quarter grew despite the continued challenging market situation
This release is a summary of Marimekko's interim report for the January–March period of 2026. The complete report is attached to this release as a pdf file and it is also available on the company's website at company.marimekko.com under Releases & publications.
The first quarter in brief
Marimekko's net sales increased by 5 percent and totaled EUR 41.4 million (39.6). Net sales were boosted in particular by increased wholesale sales in Scandinavia and Finland. In total, international sales increased by 9 percent as retail sales grew in all and wholesale sales in nearly all international market areas.
Net sales in Finland were on par with the comparison period. Retail sales in Finland decreased, but domestic wholesale sales grew as a result of non-recurring promotional deliveries.
Operating profit improved by 20 percent and amounted to EUR 5.1 million (4.3). Comparable operating profit totaled EUR 5.3 million (4.4) equaling to 12.7 percent of net sales (11.1).
Operating profit was increased by improved relative sales margin and the growth of net sales. On the other hand, increased fixed costs had a negative impact on operating profit.
Financial guidance for 2026 (unchanged)
The Marimekko Group's net sales for 2026 are expected to grow from the previous year (2025: EUR 189.6 million). Comparable operating profit margin is estimated to be approximately some 16–19 percent (2025: 17.1 percent). Development of consumer confidence and purchasing power in the company's main markets, in particular, cause significant volatility to the outlook for 2026. This development is strongly impacted by rapid changes and uncertainties in geopolitics and global trade policy, among others. In addition, different disruptions in global supply chains can cause volatility to the outlook.
Uncertainties related to the development of net sales and result are described in more detail in the Major risks and factors of uncertainty section of the Interim Report.
Key Figures
(EUR million)
1–3/2026
1–3/2025
Change,%
1–12/2025
Net sales
41.4
39.6
5
189.6
International sales
22.6
20.8
9
87.2
% of net sales
55
53
46
EBITDA
7.8
6.7
18
41.9
Comparable EBITDA
8.0
6.8
17
42.3
Operating profit
5.1
4.3
20
31.8
Operating profit margin, %
12.4
10.8
16.8
Comparable operating profit
5.3
4.4
19
32.3
Comparable operating profit margin, %
12.7
11.1
