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Ceconomy Full-year Prel. Sales Rise

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Ceconomy AG (MTAGF.PK), a consumer electronics retailer, Tuesday reported preliminary sales of 22.442 billion euros for the full year, higher than 22.242 billion euros in the previous year.

On a like-for-like basis, sales grew 4.1 percent.

Adjusted earnings before interest and taxes or adjusted EBIT for the year was towards the upper end of the guidance of 290 million euros - 310 million euros.

"With our strong performance in 2023/24, we have hit an important milestone in our Growth Plan 2025/26, which we shared at our Capital Markets Day 2023," said Karsten Wildberger, CEO of Ceconomy.

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