Maisons du Monde: EPS almost quartered in 2023

(CercleFinance.com) - Maisons du Monde has reported annual EPS of E0.
21, down from E0.80 in 2022, with an EBIT margin down from 5.5% to 4.1%, impacted by a slight increase in depreciation, amortisation and provisions.

At almost E1.13bn, sales were down 9.3% in a difficult environment for the home and decoration sector, worsened by unfavourable macroeconomic factors (geopolitical uncertainties, inflation, falling household confidence).

A dividend of E0.06 per share for 2023 will be proposed to the AGM on 21 June. Over the 2024-26 period of its 'Inspire everyday' transformation plan, the group expects to generate cumulative free cash flow in excess of E100m.


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