Maisons du Monde Reports €444.6m H1 2025 Sales, Online Sales Down 15.4%, Signs of Recovery in Q2

Reuters
Yesterday
Maisons du Monde Reports €444.6m H1 2025 Sales, Online Sales Down 15.4%, Signs of Recovery in <a href="https://laohu8.com/S/QTWO">Q2</a>

Maisons du Monde SA has reported its financial results for the first half of 2025. The company recorded group sales of €444.6 million for the period. Despite a challenging consumer environment, Maisons du Monde saw an improvement in like-for-like sales, with a decline of 7.5% in the second quarter compared to a 9.9% decline in the first quarter. The half-year like-for-like sales decline was reported at 8.7%. The company's net income for the first half of 2025 was -€75.6 million, compared to -€24.3 million in the same period of the previous year. This includes a financial result of -€11 million, which remained stable compared to 2024, and exceptional income and expenses mainly linked to store closure costs. A restructuring expense of €44 million was reported, attributed to the accelerated depreciation of the North Warehouse due to its closure and a redundancy plan. In terms of operational updates, four countries-Spain, Belgium, Switzerland, and Portugal-returned to growth in the second quarter. Additionally, refurbished stores outperformed the network, particularly those in shopping centers. The digital side of the business showed recovery after a poor first quarter, and there was progress in customer satisfaction and brand awareness. The company remains confident as it enters the second phase of its Inspire Everyday plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maisons du Monde SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001119764-en) on July 25, 2025, and is solely responsible for the information contained therein.

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