Marimekko Oyj · OMXHEX:MEKKO
Marimekko Oyj — Marimekko Oyj New — Q2 2026 Earnings Presentation
33 slides from Marimekko Oyj's earnings presentation, Aug 13, 2026
Slide 1: Half-year Financial Report 1–6/2026
Half-year Financial Report 1–6/2026 Tiina Alahuhta-Kasko President & CEO 13 August 2026 © Marimekko 1
Slide 2: Net sales nearly at previous year's record level
Q2/2026 Net sales nearly at previous year's record level, driven by strong growth in APAC; operating profit behind comparison period. Full year guidance unchanged. • Our net sales in the second quarter were EUR 43.9 million (44.5). • Net sales were weakened by a decrease in domestic retail sales in
Slide 3: Marimekko's key figures in the second quarter
Q2/2026 Marimekko’s key figures in the second quarter EUR million 4–6/2026 4–6/2025 Change, % 1–6/2026 1–6/2025 Change, % 1–12/2025 Net sales 43.9 44.5 -1 85.3 84.1 2 189.6 International sales 20.5 19.2 7 43.1 40.0 8 87.2 % of net sales 47 43 51 48 46 Operating profit 4.7 6.3 -26 9.9 10.6 -7 31.8 Co
Slide 4: Net sales and operating profit
Net sales and operating profit 13 August 2026 © Marimekko 4
Slide 5: Net sales nearly at the record level of the comparison period
Q2/2026 Net sales nearly at the record level of the comparison period, amounting to EUR 43.9 million (44.5) Net sales were weakened by a decrease in retail sales in Finland. On the other hand, net sales were boosted by the excellent development of retail sales in all international market areas. Mari
Slide 6: Net sales increased by +2% to EUR 85.3 million
1–6/2026 Net sales increased by +2% to EUR 85.3 million (84.1) Net sales were boosted in particular by the growth of retail sales in the Asia-Pacific region and other international market areas. Marimekko sales globally +2% Quarterly net sales, EUR million • retail sales -1% EUR million 1–6/ 1–6/ Ch
Slide 7: Net sales increased in all international market areas
NET SALES 1–6/2026: EUR 85.3 MILLION (84.1) Net sales increased in all international market areas, in total international sales grew by 8% Net sales by market area, 1–6/2026 (1–6/2025) Net sales by product line, 1–6/2026 (1–6/2025) 23% (22) 22% (21) 36% (37) 7% (6) 49% (52) 10% (9) 11% (10) 42% (42)
Slide 8: Marimekko's omnichannel store network grew in Asia
OMNICHANNEL MARIMEKKO RETAIL A KEY DRIVER FOR GROWTH Marimekko’s omnichannel store network grew in Asia Online store serving customers in 39 countries already. Global retail footprint 1–6/2026: Net sales by channel, e-commerce included 200 200 180 183 160 168 174 180 167 67 154 140 Number of stores
Slide 9: Marimekko brand sales were EUR 168.1 million
1–6/2026 Marimekko brand sales were EUR 168.1 million (187.0) In January–June, 64% of brand sales outside home market (67) 419 382 385 400 377 100 350 90 EUR million 1–6/ 1–6/ Change 80 2026 2025 % 300 70 36% (42) Finland 250 60.4 60.9 -1 64 % 60 36% (33) 200 50 Scandinavia 15.6 14.8 5 168 150 40 Eu
Slide 10: Comparable operating profit behind comparison period
Q2/2026 Comparable operating profit behind comparison period Comparable operating profit, EUR million • Operating profit was EUR 4.7 million (6.3). 14 30 • Comparable operating profit totaled EUR 5.1 million (6.5) equaling to 12 11.7% of net sales (14.6). 24.9 25 10 12.7 20 • Operating profit was we
Slide 11: Cumulative operating profit at a good level
1–6/2026 Cumulative operating profit at a good level Cumulative comparable operating profit, EUR million • Operating profit amounted to EUR 9.9 million (10.6). 35 20 • Comparable operating profit totaled EUR 10.4 million (10.9) 17.5 18 equaling to 12.2% of net sales (13.0). 30 17.1 16 25 14 12.7 12.
Slide 12: Key events Q2
Key events Q2 13 August 2026 © Marimekko 12
Slide 13: Marimekko reaches a milestone of 100+ stores in the Asia-Pacific region
Marimekko reaches a milestone of 100+ stores in the Asia-Pacific region Six new stores opened in Asia during the second quarter, complemented by two pop-up stores 13 August 2026 © Marimekko 13
Slide 14: Marimekko launches in the Philippines
Marimekko launches in the Philippines, and after the review period in Indonesia, strengthening its presence in the dynamic markets of Southeast Asia 13 August 2026 © Marimekko 14
Slide 15: The Osteria Fiori di Marimekko lifestyle experience
The Osteria Fiori di Marimekko lifestyle experience and our art of printmaking attracted attention at Milan Design Week among visitors and international media 13 August 2026 © Marimekko 15
Slide 16: The Marimekko Day brought our community together
The Marimekko Day brought our community together to kick off the summer in Helsinki and Tokyo 13.8.2026 © Marimekko 16
Slide 17: Customer events and activations in key markets
Customer events and activations in Bangkok, Taipei, Helsinki, Paris and New York, among others, boosted brand visibility in key markets Vaihdetaan Sakura moment –kuva, kun saadaan virallisia 13 August 2026 © Marimekko 17
Slide 18: Pride artist collaborations colored several of our key cities
Pride artist collaborations colored several of our key cities: Helsinki, New York and Paris 13 August 2026 © Marimekko 18
Slide 19: Outlook 2026
Outlook 2026 13 August 2026 © Marimekko 19
Slide 20: Market outlook and growth targets for 2026: In general
Market outlook and growth targets for 2026: In general • There are significant uncertainties related to the development of the global economy, such as tensions related to geopolitics and trade relations. The war in Iran, rapid changes in trade policies as well as other uncertainties are reflected in
Slide 21: Market outlook and growth targets for 2026: Seasonality
Market outlook and growth targets for 2026: Seasonality • Due to the seasonal nature of Marimekko’s business, a major portion of the company’s euro-denominated net sales and operating result are traditionally generated during the second half of the year. • The timing between quarters of the non-recu
Slide 22: Market outlook and growth targets for 2026: Net sales development
Market outlook and growth targets for 2026: Net sales development Finland International sales are estimated to grow in 2026. Due to uncertainties in the market environment, net sales in Finland in 2026 are expected to be approximately at the level of the previous year or decrease slightly. The Asia-
Slide 23: Market outlook and growth targets for 2026: Growth investments and costs
Market outlook and growth targets for 2026: Growth investments and costs • Marimekko develops its business with a long-term view and aims to • Early commitments to product orders from partner suppliers, continue scaling its profitable growth in the upcoming years. typical of the industry and partly
Slide 24: Financial guidance for 2026
UNCHANGED FROM Q1 INTERIM REPORT ON 13 MAY 2026: Financial guidance for 2026 The Marimekko Group's net sales for 2026 are expected to grow from the previous year (2025: EUR 189.6 million). Comparable operating profit margin is estimated to be approximately some 16–19 percent (2025: 17.1 percent). De
Slide 25: New medium-term financial goals
MARIMEKKO’S FINANCIAL GOALS New medium-term financial goals: Targeting strong profitability by scaling growth Goal Medium-term Long-term (3–5 years) Annual growth in net sales 10% 15% Comparable operating profit margin 20% 20% MARIMEKKO’S Ratio of net debt to EBITDA at year end max. 2 max. 2 FINANCI
Slide 26: Appendix
Appendix 13 August 2026 © Marimekko 26
Slide 27: Income statement
Q2/2026 Income statement EUR million 4–6/2026 4–6/2025 1–6/2026 1–6/2025 1–12/2025 Net sales 43.9 44.5 85.3 84.1 189.6 Other operating income 0.1 0.0 0.1 0.1 0.1 Change in inventories of finished goods and work in progress 2.6 1.9 3.3 6.2 0.5 Raw material and consumables -19.1 -18.5 -36.0 -38.7 -75.
Slide 28: Balance sheet
Q2/2026 Balance sheet EUR million 30.6.2026 30.6.2025 31.12.2025 Non-current assets 36.2 34.5 36.8 Inventories 38.8 41.7 35.6 Trade and other receivables 20.5 21.3 20.7 Current tax assets 2.1 1.7 0.7 Cash and cash equivalents 21.1 8.3 36.6 Assets, total 118.8 107.6 130.4 Shareholders’ equity 64.1 57
Slide 29: Cash flow statement
Q2/2026 Cash flow statement EUR million 1–6/2026 1–6/2025 1–12/2025 Cash flow from operating activities before change in working capital 15.6 15.6 42.3 Increase (-) / decrease (+) in current non-interest-bearing trade receivables 0.2 -3.5 -3.1 Increase (-) / decrease (+) in inventories -3.2 -6.5 -0.
Slide 30: Share price trend
Share price trend The Marimekko share (MEKKO) is quoted on the main list of Nasdaq Helsinki in the Consumer Products and Services Sector. Market cap on 30 June 2026: EUR 426.7 million Feb Mar Apr May Jun 13 August 2026 © Marimekko 30
Slide 31: A total of 41,155 shareholders
STATUS AT 30.6.2026 A total of 41,155 shareholders Ownership by sector, % of shares Largest shareholders (excl. foreign nominee-registered holders, 13.60% of total) 14 Shareholder Shares and votes, % PowerBank Ventures Oy (Mika Ihamuotila) 12.52 12 Ilmarinen Mutual Pension Insurance Company 4.87 43
Slide 32: For more information
For more information Tiina Alahuhta-Kasko, President and CEO Phone +358 9 758 71 tiina.alahuhta-kasko@marimekko.com Elina Anckar, CFO Phone +358 9 758 7261 elina.anckar@marimekko.com Anna Tuominen, Communications & IR Director Phone +358 40 584 6944 anna.tuominen@marimekko.com 13 August 2026 © Marim
Slide 33: Marimekko – The art of printmaking since 1951
MARIMEKKO – THE ART OF PRINTMAKING SINCE 1951 13 August 2026 © Marimekko 33