Fashion and textiles group Marimekko OYJ on Thursday posted a double-digit rise in sales and profit for the first nine months of this year compared to the same period of 2002.

The Helsinki-based company said net profit rose 18.4 per cent to four million euros from 3.3 million euros last year as sales grew 15 per cent to 40 million euros from 35 million euros.

Net sales of Marimekko products increased 18.8 per cent during the period under review, with clothing accounting for 52 per cent of total sales accessories such as bags 12 per cent.

"Exports and income from international operations for the current financial year are estimated to remain at last year's level," it said in a press release.

"Provided that there are no major changes in domestic demand, the group's full-year net sales are anticipated to increase by about 15 per cent. Profitability is forecast to remain at a good level."