Maisons du Monde: annual sales down 11%.

(CercleFinance.com) - Maisons du monde dropped more than 5% after announcing sales of one billion euros for 2024, down 11.
2% (-10.2% on a like-for-like basis), with declines of 14% in decoration and 7.3% in furniture.

"We are now at the heart of the ambitious transformation driven by our Inspire Everyday plan, in a still difficult economic environment", commented CEO François-Melchior de Polignac.

The first encouraging signs from our brand and customer initiatives reinforce our confidence for the future", he continues, pointing to cost reductions and the generation of positive free cash flow by 2024.

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