Fashion and textile group Marimekko Oyj has posted a 17 per cent increase in first quarter net sales to EUR14.1 million, up from EUR12.08m in the same period last year.

The Finnish company also posted a 156 per cent increase in profit before extraordinary items and taxes to EUR1.49m for the quarter, compared with EUR0.58m in the previous first quarter.

Net profit, in addition, grew to EUR1.04m for the three-month period, compared to EUR0.41m in the same period a year earlier.