Brief: Maisons Du Monde H1 EBIT Turns To Profit Of EUR 52 Mln

Maisons du Monde SA

28/07/2021 06:49

July 28 (Reuters) - MAISONS DU MONDE SA  MDM.PA :
    * H1 DILUTED EARNINGS PER SHARE 0.42 EUR VERSUS 0.35 EUR
LOSS YEAR
AGO
    * MAISONS DU MONDE: FIRST-HALF 2021 RESULTS
    * FULL YEAR GUIDANCE CONFIRMED
    * STRONG GROWTH IN SALES AND PROFITABILITY IN HALF
    * H1 STRONG SALES GROWTH: EUR 663 MILLION (+36%, +35%
LFL;+12% LFL
VERSUS H1 19)
    * H1 SHARP IMPROVEMENT IN PROFITABILITY: EBIT EUR 52 MILLION
(VERSUS -EUR 7 MILLION H1 20)
    * ALL-TIME HIGH 1(ST) HALF EBIT MARGIN OF 7.9% (VERSUS -1.5%
IN H1
20; 5.4% IN H1 19)
    * END-JUNE FREE CASH FLOW OF EUR 57 MILLION (VERSUS 43
MILLION AT
30 JUNE 2020)
    * DECIDED NOT TO RENEW EUR 50 MILLION TERM LOAN ASSOCIATED
WITH
ITS SENIOR CREDIT FACILITY THAT WAS TO MATURE ON 31 MAY 2021
    * APPROVED RESUMPTION OF A DIVIDEND PAYMENT, OF EUR 0.30 PER
SHARE
FOR 2020
    * H1 NET PROFIT EUR 20.5 MILLION VERSUS LOSS 20.4 MILLION
YEAR AGO

Source text for Eikon:  ID:nGNE8S7Tpk 
Further company coverage:  MDM.PA 

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