Maisons du Monde: Shares slump on weak 2019 guidance

Maisons du Monde SA

13/03/2019 08:54

** Shares in home decor retailer Maisons du Monde  MDM.PA 
down 8.5 pct on weak outlook
    ** Bryan Garnier points to "disappointing 2019 guidance",
with a 10 pct growth (excl. Mondani) vs 11.9 pct in broker's
estimate
    ** Q1 is set to be weaker in light of the phasing of store
relocations and Easter shift, adds broker
    ** Brian Garnier maintains "Neutral" rating
    ** Stock set for worst day ever and is at the bottom on the
SBF 120 index  .SBF120 

 ((RM: clement.martinot.thomsonreuters.com@reuters.net))