Ceconomy AG (MTAGF.PK,MTTRY.PK) reported that its adjusted EBIT before non-recurring effect for the first quarter of financial year 2024/25 rose 12.8% to 279 million euros from last year.
Quarterly sales increased by 9.5% year-on-year to 7.6 billion euros. This represents currency- and portfolio-adjusted sales growth, before IAS 29 adjustments.
The company said it is well on track to fulfil its communicated medium-term targets. Looking ahead, the company expects a moderate increase in currency and portfolio-adjusted total sales, with contribution from all segments. The company also projects significant increase in adjusted EBIT, driven by DACH and Western/Southern Europe segments.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.