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.
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