Maisons du Monde : A reassuring publication and 2021 targets increased. 2021 EPS forecasts increased by 10%
>Q3 sales close to forecasts: € 317.3m vs € 311.7m estimated - Maisons du Monde reported Q3 sales close to expectations. Sales were down a slight 1% to € 317.3m (-3% at comparable scope) whereas we looked for € 311.7m. This is to be seen in the context of a demanding base of comparison, with Q3 2020 having benefited from a recovery in consumer spending following the end of the lockdowns (Q3 2020: +13.3% with +9.8% at comparable scope). By geographical region, the grou...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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