Maisons Du Monde Sa (MDOUF) Q4 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning to all of you, and welcome to Maison du Monde's full year 2021 results call. I am Clémence Mignon-Duperrot, Head of Investor Relations, and I'm delighted to be with you today. I am with our CEO, Julie Valbaume, and our CFO, Régis Mathieu, who will be making today's presentation. It will be followed by a Q&A session. You have no doubt seen the press release we issued this morning. The conference call slides are available on our website. This call is also being webcast, and a replay will be available on our website later today. All listeners are reminded to read the forward-looking disclaimer on slide two. I will now turn the call over to Julie Balbon. Thank you, Clément, and a very warm welcome to Maison du Monde. We are happy to have you with us. And I'd like to take this opportunity also to thank Chris Whelton for his contribution over the past couple of years and to wish him well in his future projects as he prepares to do so. Our agenda for today is on slide three. I will begin with an overview of the key business and strategic highlights for 2021, Then Regis will take you through our numbers and I will return to discuss our priorities and outlook before opening the floor to your questions. So let's begin on slide five with the year's highlights. Well, in short, 2021 was an excellent year for Maison du Monde, despite the challenging context. We operated in a complex environment with persistent headwinds from the COVID crisis. On one hand, lockdown and restrictive measures continued in several markets, In Germany, for instance, our stores were closed for a total of five months out of 12. Supply chain also continued to be materially disrupted. That said, thanks to our strong model and the focus and commitment of all our teams, we made major advances on ...