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Maisons du Monde Hôtel & Suites opens its doors in Marseille

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Finance

Full-year 2020 results

 

  • Good commercial performance: Sales of €1,182 million (-3.5%), underscoring high customer loyalty, differentiated offering and strong omnichannel model; return to growth in H2 (+ 4.8%); FY online up 29%
  • Resilient profitability: EBITDA margin of 20.4% (vs 21.1% in 2019) thanks to good commercial dynamics and cost control
  • Solid cash generation: Free cash flow of €54 million; net debt down €47 million, leading to leverage ratio of 0.8x vs 0.9x end of 2019
 

 

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B2B Department
I was very happy with the services offered by Maisons de Monde! They provided friendly, quick and personalised service. All in all it was a successful project.