Brief: Maisons Du Monde H2 Sales Up At 693 Million Euros

Maisons du Monde SA

28/01/2021 17:24

Jan 28 (Reuters) - MAISONS DU MONDE SA  MDM.PA :
    * MAISONS DU MONDE: FULL-YEAR 2020 TRADING UPDATE
    * STRONG SECOND HALF SALES: C. EUR 693 MILLION (+4.8% YOY;
+3.0%
LFL)
    * YEAR-END STORE NETWORK IN LINE WITH FORECAST: 369 STORES;
TOTAL
COMMERCIAL SPACE OF 436,000 M2 (STABLE YOY)
    * FY SALES ABOVE EXPECTATIONS: C. EUR 1,182 MILLION (-3.5%
YOY;
-6.6% LFL), OF WHICH 33% ONLINE
    * DECREASE IN FULL-YEAR 2020 EBITDA SHOULD BE CONTAINED TO
SLIGHTLY LESS THAN 10% COMPARED TO ITS 2019 LEVEL (EUR 259
MILLION)
    * AT 31 DECEMBER 2020, GROUP'S GLOBAL STORE NETWORK STOOD AT
369
STORES (COMPARED TO 366 AT END OF SEPTEMBER 2020 AND 376 AT END
OF 2019)

Source text for Eikon:  ID:nGNE7h5bRN 
Further company coverage:  MDM.PA 

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