Brief: Maisons Du Monde H1 EBITDA At EUR 45.6 MLN

Maisons du Monde SA

29/07/2019 16:45

July 29 (Reuters) - MAISONS DU MONDE SA  MDM.PA :
    * H1 SALES UP 10.9% AT CONSTANT EXCHANGE RATES (+11.2% AT
CURRENT
EXCHANGE RATES) TO €564M
    * H1 EBITDA OF €45.6M AND EBITDA MARGIN OF 8.1%, IN LINE
WITH
EXPECTED PHASING
    * FULL-YEAR 2019 GUIDANCE CONFIRMED
    * 15 GROSS STORE OPENINGS AND 6 CLOSURES FOR RELOCATION IN
H1
    * H1 NET INCOME AMOUNTED TO €7.2 MILLION, DOWN 10.8%
    * WE EXPECT CONTINUED POSITIVE SALES MOMENTUM IN H2 2019 AND
AN
IMPROVEMENT IN PROFITABILITY VERSUS H1 2019.

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE4rhw55
Further company coverage:  MDM.PA 

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