Brief: Maisons Du Monde Q1 Group Sales Down At Eur 273.7 Mln

Maisons du Monde SA

11/05/2023 06:08

May 11 (Reuters) - Maisons du Monde SA  MDM.PA :
    * SALES IN LINE WITH EXPECTATIONS, REFLECTING HIGH
COMPARABLE BASE
    * 2023 GUIDANCE: * TOP LINE: LOW-TO MID-SINGLE DIGIT
NEGATIVE,
WITH A SEQUENTIAL IMPROVEMENT IN H2 VERSUS H1
    * Q1 GROUP SALES EUR 273.7 MILLION, -12.5% YOY
    * 2023 GUIDANCE: EBIT: €65M-€75M
    * SALES WERE DOWN IN Q1 DUE TO A HIGH 2022 COMPARABLE BASE
AND A
MACROECONOMIC CONTEXT THAT REMAINS COMPLEX (CEO)
    * Q1 GROUP GMV: €307.2M, -6.7% YOY

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

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