Report
Clement Genelot

MAISONS DU MONDE - NEUTRAL | EUR23 VS. EUR20 (+11%) Towards a very solid 2021, but still some unanswered questions re 2022

MAISONS DU MONDE - NEUTRAL | EUR23 VS. EUR20 (+11%)
Towards a very solid 2021, but still some unanswered questions re 2022

Store and decoration to be Q4 sales drivers
Four elements explaining the 2021 EBIT guidance upgrade
What is still to be monitored for 2022?
Neutral ahead of the CMD with a new TP of EUR23
Underlying
Maisons du Monde SA

Maisons du Monde offers a range of decoration and furnishing items in a variety of styles and themes. At end-2016, Co. operated a network of 288 stores in seven countries, France, Italy, Spain, Belgium, Luxembourg, Germany, and Switzerland. It also operates an e-commerce platform available in 11 countries. Co.'s product offering contains approximately 16,000 stock-keeping units available in a range of prices. The offer falls into two categories: decorative products, such as household textiles, tableware and kitchenware, mirrors and picture; and furniture, such as beds, tables, chairs, armchairs and sofas, cupboards, bookshelves, junior furniture and outdoor furniture.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Clement Genelot

Other Reports on these Companies
Other Reports from Bryan Garnier

ResearchPool Subscriptions

Get the most out of your insights

Get in touch