Trade Maisons du Monde SA - MDM CFD

Maisons du Monde Company profile

About Maisons du Monde SA

Maisons du Monde SA is a French-based company engaged in the home furnishings retailers industry. The Company markets decoration and furniture collections that showcase multiple styles. Maisons du Monde SA develops its business through its international network of stores, websites and catalogs. In addition, it manufactures a part of its furniture products in-house (in terms of purchases of furniture), with two manufacturing facilities in China (through Chin Chin, its joint venture with SDH Ltd) and in Vietnam. The Company's product portfolio encompasses sofas, chairs, stools, pouffes, benches, tables, shelves, bookcases, desks, trays, glasses, baskets, aprons, cutlery, blankets, curtains, rugs, place mats, napkins, lamps, mirrors, prints, candles, clocks and vases, among others.

Financial summary

BRIEF: For the six months ended 30 June 2021, Maisons du Monde SA revenues increased 36% to EUR691.4M. Net income totaled EUR19.6M vs. loss of EUR18.6M. Revenues reflect Shops segment increase of 30% to EUR397M, Internet segment increase of 44% to EUR268.2M, International segment increase of 36% to EUR321.5M, France segment increase of 33% to EUR334.9M. Net Income reflects Rental Expense decrease of 32% to EUR16.6M (expense).