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Maisons du Monde SA (MDM.PA)

MDM.PA on Paris Stock Exchange

15.27EUR
4 Dec 2020
Change (% chg)

€0.47 (+3.18%)
Prev Close
€14.80
Open
€14.76
Day's High
€15.27
Day's Low
€14.76
Volume
83,836
Avg. Vol
129,577
52-wk High
€15.27
52-wk Low
€5.35

Latest Key Developments (Source: Significant Developments)

Maisons du Monde Sees H2 2020 Performance Below H2 2019 Levels
Tuesday, 28 Jul 2020 

July 28 (Reuters) - Maisons du Monde SA ::MAISONS DU MONDE: FIRST-HALF 2020 RESULTS.H1 SALES REFLECT COVID-19 IMPACT: EUR 489 MILLION(-13.3%), WITH A BETTER-THAN-EXPECTED PERFORMANCE IN 2Q.END-H1 FREE CASH FLOW: EUR 43 MILLION.END-H1 CASH POSITION AT 30 JUNE: EUR 437 MILLION.RESILIENT H1 EBITDA: EUR 69 MILLION (MARGIN: 14.1% VERSUS 17.2% 1H19).WE BELIEVE IT IS NOT APPROPRIATE TO PROVIDE GUIDANCE FOR REST OF YEAR.GROUP ESTIMATES THAT FOR ENTIRE FIRST HALF, NET DECLINE IN SALES WAS APPROXIMATELY EUR 110 MILLION.EVEN IF OUR SECOND-HALF PERFORMANCE SHOULD SHOW AN IMPROVEMENT OVER FIRST SIX MONTHS, WE CURRENTLY EXPECT IT TO BE BELOW ITS 2H19 LEVEL.END-H1 NET DEBT WAS EUR 763 MILLION, COMPARED TO EUR 805 MILLION AT 31 DECEMBER 2019.ANTICIPATES BETWEEN 4 AND 8 NET STORE CLOSURES IN FULL YEAR (10 NET CLOSURES IN H1 2020).EXPECTS H2 2020 PERFORMANCE TO BE BELOW ITS 2H19 LEVEL.  Full Article

Maisons Du Monde Expects Significant Drop In Q2 Sales, Positive H1 EBITDA
Wednesday, 13 May 2020 

May 13 (Reuters) - Maisons du Monde SA ::Q1 TOTAL SALES EUR 243.7 MILLION VERSUS EUR 280.3 MILLION YEAR AGO.CASH POSITION AS OF MARCH 31, 2020: 222 MILLION EUROS.ACCELERATION OF ONLINE ORDERS IN VALUE DURING CONTAINMENT: UP MORE THAN 50% IN APRIL.Q2 2020 SALES EXPECTED TO DROP SIGNIFICANTLY COMPARED TO THE SAME QUARTER LAST YEAR.EXPECTS POSITIVE EBITDA (IFRS) FOR H1.WE ARE NOW STARTING TO REOPEN OUR STORES AND OUR SUPPLY CHAIN SHOULD BE FULLY OPERATIONAL END JUNE.NET DEBT STOOD AT €814 MILLION AT 31 MARCH COMPARED TO €805 MILLION AT 31 DECEMBER 2019.  Full Article

Maisons Du Monde Q1 Sales Down 13%, Not To Propose Dividend
Thursday, 16 Apr 2020 

April 16 (Reuters) - MAISONS DU MONDE SA ::Q1 2020 SALES DOWN 13% DUE TO COVID-19 RELATED STORE CLOSURES.FIRST-QUARTER 2020 GROUP SALES, BROADLY STABLE UNTIL 15 MARCH WHEN EUROPEAN STORE CLOSURES BEGAN TO ACCELERATE, DECLINED 13% YEAR-ON-YEAR (AT CURRENT EXCHANGE RATES) TO STAND AT EUR 244 MLN.STRONG WEB ACTIVITY WITH ONLINE ORDERS UP IN DOUBLE DIGITS SINCE 1 APRIL; Q2 2020 SALES EXPECTED TO BE SIGNIFICANTLY DOWN DUE TO COVID-19 LOCKDOWN.BOARD OF DIRECTORS NOT TO PROPOSE 2019 DIVIDEND.STRINGENT CASH PRESERVATION AND COST REDUCTION MEASURES FULLY IN MOTION.AT 31 MARCH 2020, MAISONS DU MONDE'S CASH POSITION WAS EUR 222 MLN, PROVIDING IT WITH SUFFICIENT HEADROOM TO FACE CURRENT CRISIS.  Full Article

Teleios Capital holds over 15% of Maisons Du Monde -AMF
Thursday, 26 Mar 2020 

March 26 (Reuters) - France's financial watchdog AMF said::TELEIOS CAPITAL PARTNERS LLC HOLDS OVER 15% OF MAISONS DU MONDE - FILING.  Full Article

Maisons Du Monde Announces That Peter Child and Michel-Alain Proch Join Its Board of Directors
Wednesday, 11 Mar 2020 

March 11 (Reuters) - MAISONS DU MONDE SA ::PETER CHILD AND MICHEL-ALAIN PROCH JOIN MAISONS DU MONDE'S BOARD OF DIRECTORS.MAISONS DU MONDE'S BOARD OF DIRECTORS ANNOUNCES THAT PETER CHILD HAS BEEN CO-OPTED AS INDEPENDENT MEMBER AND CHAIRMAN OF BOARD, SUCCEEDING SIR IAN CHESHIRE.MICHEL-ALAIN PROCH ALSO JOINS BOARD AS INDEPENDENT DIRECTOR AND VICE-CHAIRMAN.SIR IAN CHESHIRE AND MRS. MARIE SCHOTT, RESIGNED FROM THEIR POSITIONS TODAY.THESE CO-OPTATIONS WILL BE SUBJECT TO RATIFICATION BY ANNUAL GENERAL MEETING, ALONG WITH RENEWAL OF THEIR MANDATE AS MEMBERS OF BOARD OF DIRECTORS.  Full Article

Maisons Du Monde FY EBITDA (IAS 17) Up At 152.7 Million Euros
Wednesday, 11 Mar 2020 

March 11 (Reuters) - :FY SALES: €1.23 BILLION, UP +10.3% (LFL+3.6%).FY EBITDA IAS 17 EUR 152.7 MILLION VERSUS EUR 148.0 MILLION YEAR AGO.NET INCOME INCREASED BY 2.9% TO €62 MILLION IN 2019.PROPOSES TO PAY DIVIDEND OF EUR 0.50 PER SHARE.EXPECTS THAT FIRST QUARTER 2020 SALES SHOULD BE BROADLY STABLE COMPARED TO THE FIRST QUARTER 2019.EXPECTS SECOND QUARTER 2020 SALES MOST LIKELY TO BE DOWN YEAR ON YEAR.ON CORONAVIRUS: IT IS NOT POSSIBLE AT THIS TIME TO PROVIDE A REASONABLY ACCURATE FULL YEAR 2020 SALES AND EARNINGS FORECAST.GROUP IS IMPLEMENTING A STRINGENT COST CUTTING PROGRAM IN ORDER TO PROTECT PROFIT AND CASH GENERATION.MAISONS DU MONDE COULD CLOSE ITS STORES IN ITALY FOR AT LEAST ONE WEEK - CEO.  Full Article

Maisons Du Monde FY Sales Up 10.3% Year-On-Year
Thursday, 30 Jan 2020 

Jan 30 (Reuters) - Maisons du Monde SA ::FULL-YEAR SALES GROWTH: +10.3% YEAR-ON-YEAR.MAISONS DU MONDE CONFIRMS THAT ITS ESTIMATED FULL-YEAR 2019 EBITDA MARGIN IS IN LINE WITH GUIDANCE (I.E. CIRCA 12.5% OF SALES)..  Full Article

Maisons Du Monde Q3 Sales Up 9.2%, Full-Year Targets Updated
Wednesday, 30 Oct 2019 

Oct 30 (Reuters) - Maisons du Monde SA ::Q3 2019 SALES UP 9.2% AT CURRENT EXCHANGE RATES (UP 8.8% AT CONSTANT EXCHANGE RATES) TO EUR 283.7 MILLION.FULL-YEAR 2019 TARGETS UPDATED: SALES GROWTH RAISED TO AROUND 10.5% (VERSUS. AROUND 10%).FULL-YEAR 2019 TARGETS UPDATED: 38-42 GROSS STORE OPENINGS (REVISED FROM 35-40) AND 13-14 STORE CLOSURES FOR RELOCATION (VERSUS. AROUND 10).FULL-YEAR 2019 TARGETS UPDATED: EBITDA MARGIN OF C. 12.5% OF SALES, REDUCED FROM ABOVE 13% TO REFLECT MODANI’S NEGATIVE CONTRIBUTION THIS YEAR.  Full Article

Maisons Du Monde Takes 70% Majority Stake In Start-Up Rhinov
Friday, 14 Jun 2019 

June 14 (Reuters) - MAISONS DU MONDE SA ::REG-MAISONS DU MONDE ACCELERATES IN INTERIOR DECORATION ADVICE BY TAKING A MAJORITY STAKE IN START-UP RHINOV.TAKING A MAJORITY STAKE OF 70.4% IN RHINOV.MAISONS DU MONDE'S STAKE WILL BE FINANCED ENTIRELY IN CASH, WITHOUT RECOURSE TO ADDITIONAL INDEBTEDNESS.  Full Article

Maisons Du Monde Q1 Sales Up 9.9 Pct; 2019 Guidance Confirmed
Thursday, 9 May 2019 

May 9 (Reuters) - MAISONS DU MONDE SA ::2019 GUIDANCE CONFIRMED.REG-MAISONS DU MONDE: FIRST-QUARTER 2019 SALES.Q1 SALES UP 9.9% TO EUR 280M, AND UP 6.4% AT CONSTANT PERIMETER.SEES 2019 EBITDA MARGIN ABOVE 13% OF SALES.  Full Article