Maisons du Monde: Best day in 4 months after solid H1 beat

Maisons du Monde SA

29/07/2020 10:15

** Shares in Maisons du Monde  MDM.PA  jump about 9% after
French furniture and home decor company posted much
better-than-expected H1 figures 
    **  MDM's H1 EBITDA of EUR 69 million ($81.1 million) was a
strong beat compared to JP Morgan forecast of EUR 47 mln 
    ** Bryan, Garnier & Co notes at strong rebound in June, as
the consumption catch-up post-lockdown has been stronger than it
forecasted
    ** JP Morgan adds that these results should support
consensus upgrades 
    ** The stock, which is down almost 37% YTD, is the second
best performer of France's SBF 120  .SBF120  index on Wednesday

($1 = 0.8513 euros)

 ((masha.trybus@thomsonreuters.com))