Turnover: 1.125 billion EUR (2022)

Country: France

Maisons du Monde is a French home furnishings and decoration company founded in Brest in 1990 by Xavier Marie. At the end of 2017, it had 292 stores in France, Italy, Spain, Luxembourg, Belgium, Germany and Switzerland. There are currently 20 stores in Belgium. The number of employees and sales in this particular area are not known



january 28, 2021 - Maison du Monde in front of Covid - Source(Les Echos investir)

  • The company suffered a 10% drop in EBITDA in 2020
  • Second-half 2020 sales up 4.8% year-on-year to 693 million euros
  • Fourth-quarter sales of 372 million euros, down 1.5% year-on-year
  • "The loss of sales linked to this confinement under Covid-19 is of the order of 50 million euros in the fourth quarter (-60 million euros in stores, +10 million euros online)."
  • In 2020, Maisons du Monde opened nine new stores and closed 16

News

Ikea lowers its prices, Maisons du monde struggles 27/10/2023

  • Ikea competitor Maisons du Monde saw its sales fall by 9.4% to 252.3 million euros in the third quarter of its 2023 financial year.
  • Maisons du Monde sales fell by 13.6% internationally, while in France they were down by only 5.6%.
  • Maisons du Monde's sales for the first 9 months of 2023 were 795.7 million euros, a decline of almost 10%. Maisons du Monde forecasts a 10% drop in sales for 2023
  • Ikea, the French furniture market leader, has posted record sales of 3.8 billion euros for its 2022-2023 financial year, an increase of 16% on the previous year.
  • In 2021, Ikea has raised its prices by an average of 9% worldwide.
  • In France, Ikea opened its 34th major store in Nice.
  • In 2021-2022, Ikea achieved sales growth of 13.4% in France
  • Growth was driven by bedroom (+34%) and kitchen (+14%) sales.

Maisons du Monde in battle to limit damage 28/07/2022

  • Action plan for the second half Limiting the decline in sales and restoring gross margin by 2023

Maisons du Monde revises its results downwards. 30/05/2022

  • Sales down for 2022 and earnings revised downwards, from 9% to 5%.
  • Targets announced for 2025 (sales of 2 billion euros vs. 1.3 today) are further away.
  • Cash flow, meanwhile, has been more than trebled, dropping from a forecast of 65 to 75 million euros to a range between 10 and 30 million euros.

Maisons du Monde generates 33% of its sales online 10/03/2022

  • Online sales to rise from 33% of sales of
  • Sales 1.3 billion euros by 2021
  • French enthusiasm for home furnishings, with like-for-like growth of 13.4%
  • a rich physical network of 357 stores in France and abroad
  • present in Austria, Portugal, Italy, Spain, Belgium and Switzerland
  • Ebit of 123 million euros, almost 10% of sales, up almost 40%

Financial Data

DUNS: 383196656

Legal Name: MAISONS DU MONDE FRANCE

Address: LE PORTEREAU , 44120 VERTOU

Number of employees: Entre 2 000 et 4 999 salariés (2021)

Capital: 57 375 590 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 1 082 419 258 945 580 084 970 960 940 908 054 864 858 253 059 780 478 011 621 533 661
Gross margin (€) 651 359 409 563 504 645 567 537 221 534 386 932 512 027 147 484 548 699 -
EBITDA (€) 148 313 242 98 356 746 116 208 018 116 206 929 109 575 257 97 897 859 -
Operating profit (€) 117 722 571 75 490 893 98 743 209 98 975 525 93 842 216 84 353 282 -
Net profit (€) 80 738 600 44 767 119 54 897 383 71 274 178 53 266 803 38 456 290 29 618 327
Turnover growth rate (%) 14,5 -2,6 6,9 5,8 10 25,6 -
Ebitda margin rate (%) 13,7 10,4 12 12,8 12,8 12,5 -
Operating margin rate (%) 10,9 8 10,2 10,9 10,9 10,8 -
Working Capital (turnover days) 1,8 -66,5 18,3 37,1 16,4 36,9 -
Working Capital requirements (turnover days) 57,9 49,2 58,8 66,7 37,2 42,5 -
Net margin (%) 7,5 4,7 5,7 7,8 6,2 4,9 -
Added value / Turnover (%) 27,9 25,1 26,4 27,2 27,1 27,3 -
Wages and social charges (€) 140 087 574 124 032 255 127 423 466 116 952 521 108 514 161 97 773 232 -
Salaries / Turnover (%) 12,9 13,1 13,1 12,9 12,6 12,5 -

Studies mentioning this company

The sofa market - Spain

Other companies mentioned:

  • Sancal
  • Kettal
  • El Corte Inglés
  • Maisons du Monde
The home decor market - Italy

Other companies mentioned:

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