MAISONS DU MONDE PRESS RELEASE
MAISONS DU MONDE:
AVAILABILITY OF THE 2020 HALF-YEAR FINANCIAL REPORT
NANTES - 5 August 2020, 17:45 CEST - Maisons du Monde (Euronext Paris: MDM; ISIN: FR0013153541), a European leader in affordable and inspirational household decoration and furniture, today announces
that it has made available to the public its 2020 Half-Year Financial Report.
The 2020 Half-Year Financial Report is available for consultation under the "Regulated information" section on the Group's website at https://corporate.maisonsdumonde.com/en.
The 2020 Half-Year Financial Report includes:
- The half-year activity report;
- The condensed consolidated interim financial statements;
- The statutory auditors' review report on the half-year financial information.
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About Maisons du Monde
Maisons du Monde is a creator of inspirational lifestyle universes in the homeware industry, offering distinctive and affordable decoration and furniture collections that showcase multiple styles. The Group develops its business through an integrated and complementary omnichannel approach, leveraging its international network of stores, its websites and its catalogues. The Group was founded in France in 1996 and has expanded profitably across Europe since 2003, reporting sales of €1,225 million and EBITDA of €259 million in 2019. At 31 December 2019, the Group operated 376 stores in 9 countries including France, Belgium, Germany, Italy, Luxembourg, Portugal, Spain, Switzerland and the United States, and derived 45% of its sales outside France. The Group has also built a successful complementary and comprehensive ecommerce platform, whose sales grew by over 30% per year on average between 2010 and 2019. This platform, which accounted for 25% of the Group's sales in 2019, is available in the countries where it operates stores plus Austria, the Netherlands and the United Kingdom. In 2018, the Group acquired a majority stake in Modani, a furniture chain present in the United States through its stores and ecommerce business. Modani, founded in 2007, is an aspirational lifestyle brand, offering high-quality proprietary modern, contemporary and mid-century furniture at affordable price points, with a nationwide presence through a network of 18 showrooms.
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Contacts | |
Investor Relations | Press Relations |
Christopher Welton - +33 7 85 70 71 41 | Clémentine Prat - +33 2 51 79 54 08 |
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Maisons du Monde SA published this content on 05 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2020 15:56:05 UTC
