Brief: Maisons Du Monde H1 Net Income Down At Eur 1.0 Mln

Maisons du Monde SA

27/07/2023 06:22

July 27 (Reuters) - Maisons du Monde SA  MDM.PA :
    * H1 MARKETPLACE GMV AT EUR 85.1M (+73.3% YOY)
    * Q2 MARKETPLACE GMV AT EUR 43.0M (+47.3% YOY)
    * H1 GROUP GMV AT EUR 610.9M (-5.1% YOY)
    * H1 GROUP SALES AT EUR 543.4M (-10.0% YOY)
    * Q2 GROUP SALES AT EUR 269.7M (-7.3% YOY)
    * 50% ANNUAL COST SAVINGS PLAN ALREADY REFLECTED IN H1
    * H1 CAPEX REDUCED BY EUR 14M YOY AND INVENTORIES ADJUSTED
BY EUR
23M (VERSUS. DEC. 2022)
    * H1 EBIT: EUR 16.3 MILLION
    * H1 NEBT DEBT EUR 100.1 MILLION
    * H1 ONLINE SALES WERE EUR 161.2 MILLION, DOWN -18.1% YOY
    * H1 STORE SALES AMOUNTED TO EUR 382.2 MILLION, DOWN -6.1%
    * H1 EBITDA: EUR 85.1 MILLION (-14.3% YOY)
    * NET INCOME AMOUNTED TO EUR 1.0 MILLION VERSUS EUR 8.4
MILLION IN
H1 2022
    * NET FINANCIAL RESULT AT EUR 8.5 MILLION VERSUS EUR 9.1
MILLION
IN H1 2022
    * OUTLOOK: MAISONS DU MONDE KEEPS ITS OBJECTIVES FOR 2023
UNCHANGED

Source text for Eikon:  ID:nGNE5lnsYv 
Further company coverage:  MDM.PA 

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