Edition:
India

Maisons Du Monde eyes EBITDA Margin Of 12% In 2024


Tuesday, 18 Jun 2019 

June 18 (Reuters) - Maisons du Monde SA ::ANNOUNCES 2020-2024 AMBITIONS PLAN.AIMS TO DELIVER 10%+ SALES CAGR TO EXCEED €2.0 BILLION IN SALES IN 2024.AIMS SALES AROUND 60% DIGITAL AND OVER 50% INTERNATIONAL BY END OF PLAN.TARGETS EBITDA MARGIN OF 12% IN 2024 AND 10%+ NET INCOME CAGR THROUGHOUT THE PLAN.EXPECTS HIGH CASH FLOW GENERATION, WITH MORE THAN €300 MILLION CUMULATED RECURRING FREE CASH FLOW OVER THE PLAN.MAINTAINS DIVIDEND POLICY OVER THE PLAN, WITH A PAYOUT RATIO OF 30% TO 40% OF NET INCOME. 

Company Quote

11.79
-0.21 -1.75%
9:51pm IST