Ceconomy AG reports FQ2 results
- BySeeking Alpha-
Ceconomy AG (MTAGF): FQ2 GAAP EPS of€0.26.Revenue of€4.32B (-6.7% Y/Y).Press Release
The Q1 earnings season has so far portrayed strong growth, tracking above other recent periods. Notably, majority of the S&P 500 companies have delivered positive surprises. As...
Ceconomy AG engages in the consumer electronics retail business. The company operates approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores in 3 countries under the Saturn brand. It also operates Flip4New for selling used electronic articles online. In addition, the company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. The company is based in Düsseldorf, Germany.