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Ceconomy AG (CECG.DE)

CECG.DE on Xetra

11.21EUR
22 Jan 2018
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BRIEF-Metro Holdings Acquires Office Property In London

* ‍METRO GROUP ACQUIRES LONDON OFFICE PROPERTY IN UNITED KINGDOM​

Ceconomy say operating profit fell 16 percent in Q1

FRANKFURT, Jan 18 German consumer electronics retailer Ceconomy on Thursday said its operating profit fell 16 percent in the first quarter, citing price reductions around Black Friday and costs to set up its holding company.

UPDATE 1-Media Markt founder and Ceconomy shareholder Kellerhals dies

FRANKFURT, Dec 28 German billionaire Erich Kellerhals, co-founder of electronics retail giant Media Markt and a major shareholder in its current owner Ceconomy CECG.DE>, has died at the age of 78, a spokesman for his holding company Convergenta said on Thursday.

Media Markt founder and Ceconomy shareholder Kellerhals dies

FRANKFURT, Dec 28 German billionaire Erich Kellerhals, co-founder of electronics retail giant Media Markt, has died at the age of 78, a spokesman for his holding company Convergenta confirmed on Thursday.

BRIEF-Ceconomy CEO says believes can recover quickly in Italy

* CECONOMY CEO SAYS BELIEVES CAN RECOVER VERY QUICKLY IN ITALY AFTER NEW MANAGEMENT INSTALLED

UPDATE 2-Ceconomy profit forecast disappoints after Italy squeeze

* Shares down 4.6 pct (Adds details from presentation, shares, analyst comment)

Germany's Ceconomy forecasts higher profits in 2017/18

BERLIN, Dec 19 German consumer electronics retailer Ceconomy said it expected to improve profitability in the 2017/18 financial year after it lifted earnings in the last quarter in its core market Germany, as well as eastern Europe and the Netherlands.

UPDATE 2-Newly independent Metro sees higher profits ahead

* Shares up 1.9 percent (Adds comments from news conference, analyst, shares)

Ceconomy quarterly sales helped by new product launches

BERLIN, Oct 25 German consumer electronics retailer Ceconomy reported strong sales growth in its fiscal fourth quarter on Wednesday, helped by new product launches and investment in selected markets.

UPDATE 1-Metro denies report it could delist after split

* Metro had hoped for stock boost after split (Adds details, background)

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