Marimekko Oyj (OTCPK:MKKOF)

$ 13 0.578 (4.65%) Market Cap: 521.89 Mil Enterprise Value: 522.40 Mil PE Ratio: 20.47 PB Ratio: 7.30 GF Score: 95/100

Q3 2024 Marimekko Oyj Earnings Call Transcript

Nov 06, 2024 / 12:00PM GMT

Release Date Price: $12.42

Transcript

Ana Touminen

Marimekko Oy - Director of Communcations & Investor Relations

Good afternoon and thank you for joining us for Marimekko's Q3 webcast. My name is Ana Touminen and I'll be your host today. With me, I have our President and CEO Tiina Alahuhta-Kasko who will in a short while run you through our Q3 results. And after that, we'll have a Q&A with also our CFO Elina Nckar joining us, you can already ask your questions by using the chat function on the platform. Without further ado Tiina, please go ahead.

Tiina Alahuhta;Kasko

Marimekko Oyj - Chairman of the Management Board, President, Chief Executive Officer

Thank you so much, Ana and Good afternoon also on my behalf. And it is my pleasure today to walk you through Marimekko's Q3 performance.

So let's get started overall. In Q3, our net sales were nearly at the record level of the comparison period. Despite the timing of non-recurring promotional deliveries and the operating profit margin remains excellent all in all in the third quarter. We continued well in our scale

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