MARIMEKKO EXPECTS NET SALES FOR 2014 TO BE LOWER THAN ESTIMATED; OPERATING PROFIT ESTIMATE REMAINS UNCHANGED, PROFIT PERFORMANCE IN THE THIRD QUARTER SLIGHTLY BETTER THAN ANTICIPATED


Marimekko Corporation, Stock Exchange Release, 21 October 2014 at 9 AM

MARIMEKKO ALSO PUBLISHES ADVANCE INFORMATION ABOUT ITS NET SALES AND OPERATING PROFIT FOR THE JANUARY-SEPTEMBER PERIOD OF 2014

Marimekko changes its net sales estimate for 2014. In its interim reports during 2014, the company has reported that its wholesale sales in the second half of the year will be boosted by considerable, nonrecurring promotional deliveries. These promotional deliveries will most likely be noticeably smaller than estimated, and therefore Marimekko changes the net sales estimate which was given in the interim report of 14 August 2014. The estimate of operating profit for 2014 remains unchanged.

The estimate for 2014, updated today, 21 October 2014, is as follows: On the basis of general market prospects, the company's growth targets and the agreed reorganisations, the net sales of the Marimekko Group in 2014 are forecast to be approximately at the same level as in 2013. Operating profit excluding nonrecurring items is estimated at EUR 4-8 million.

In its interim report for January-June 2014, published on 14 August 2014, Marimekko estimated that the Group’s net sales for 2014 would grow by 3-8 percent relative to 2013 and operating profit excluding nonrecurring items would be EUR 4-8 million.

Advance information about net sales and operating profit for the January-September period of 2014

In January-September 2014, the Marimekko Group’s net sales were EUR 68.1 million (68.5) and operating profit excluding nonrecurring items was EUR 4.3 million (2.1). Profit performance in the third quarter was slightly stronger than anticipated. The figures are preliminary and non-audited.

The company’s interim report for January-September will be issued on Thursday, 6 November 2014 at 8.30 a.m. as announced earlier.


MARIMEKKO CORPORATION
Corporate Communications

Piia Kumpulainen
Tel. +358 9 758 7293

piia.kumpulainen@marimekko.com

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd

Key media

Marimekko is a Finnish textile and clothing design company renowned for its original prints and colours. The company designs and manufactures high-quality interior decoration items ranging from furnishing fabrics to tableware as well as clothing, bags and other accessories. When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a strong and unique identity. Marimekko products are sold in approximately 40 countries. In 2013, brand sales of Marimekko products worldwide amounted to approximately EUR 191 million and the company's net sales were EUR 94 million. The number of Marimekko stores totalled 133 at the year end. The key markets are North America, Northern Europe and the Asia-Pacific region. The Group employs around 500 people. The company’s share is quoted on NASDAQ OMX Helsinki Ltd. www.marimekko.com