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January 25, 2002

FINLAND: Fashion Group Marimekko Posts Giant Profit Leap

Leading Finnish textile and fashion group, Marimekko Oyj, on Friday posted a 50 per cent rise in net profit to 3.1 million euros ($2.7m) for 2001, compared to the previous year. In a statement, the company said operating profit climbed to 4.7m euros ($4.1m) last year from 3.3m euros ($2.9m) in 2000, while its turnover reached 42m euros ($36.8m) in 2001 compared to 33.1m euros ($29m) in 2000.

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