for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Ceconomy AG

CECG.DE

Latest Trade

3.52EUR

Change

-0.09(-2.60%)

Volume

1,217,435

Today's Range

3.48

 - 

3.62

52 Week Range

3.37

 - 

6.02

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Ceconomy - Will Resubmit Media-Saturn-Holding Transaction to AGM

Nov 5 (Reuters) - CECONOMY AG <CECG.DE>::RENEWED RESOLUTION OF A GENERAL MEETING REGARDING THE TRANSACTION WITH CONVERGENTA INVEST GMBH AND PROPOSED DIVIDEND DISTRIBUTION IN THE AMOUNT OF APPROXIMATELY EUR 63 MILLION.SAYS IT WILL AGAIN SUBMIT TRANSFER OF STAKE IN MEDIA-SATURN TO ANNUAL GENERAL MEETING AFTER FAVOURABLE COURT RULING.SAYS CECONOMY AG IS EVALUATING CONVERSION OF CURRENT PREFERENCE SHARES OF CECONOMY AG INTO ORDINARY SHARES OF CECONOMY AG.SAYS AIMS TO COMPLETE TRANSACTION IN CURRENT FINANCIAL YEAR 2021/22 IF POSSIBLE.

Ceconomy FY 2020/21 Sales Up At EUR 21.36 Billion

Oct 26 (Reuters) - CECONOMY <CECG.DE>::Q4 2020/21 SALES AT EUR 5.17 BILLION, DOWN 1.0% WHEN ADJUSTED FOR CURRENCY AND PORTFOLIO CHANGE EFFECTS.FY 2020/21 SALES AT EUR 21.36 BILLION, UP +3.8% WHEN ADJUSTED FOR CURRENCY AND PORTFOLIO CHANGE EFFECTS.FY ADJUSTED EBIT AT PREVIOUS YEAR’S LEVEL (FY 2019/20: EUR 236 MILLION), WITHIN GUIDANCE RANGE OF EUR 210 MILLION TO EUR 250 MILLION.FY 2020/21 ONLINE SALES UP 64.9% AT EUR 6.9 BILLION DRIVEN BY HIGHER NUMBER OF VISITS, HIGHER CONVERSION RATE AND AN INCREASED AVERAGE BASKET.Q4 ADJUSTED EBIT UP SLIGHTLY YOY (Q4 2019/20: EUR 123 MILLION).Further company coverage: CECG.DE. (Gdansk Newsroom). ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;)).

Ceconomy Q3 Adj. EBIT At EUR -93 Mln

Aug 12 (Reuters) - CECONOMY AG <CECG.DE>::9M SALES AT EUR 16.2 BILLION, UP 5.4%.9M ADJUSTED EBIT AT EUR 106 MILLION VERSUS EUR 113 MILLION YEAR AGO.Q3 SALES AT EUR 4.4 BILLION, UP 8%.Q3 ADJUSTED EBIT AT EUR -93 MILLION VERSUS EUR -45 MILLION YEAR AGO.Further company coverage: CECG.DE. (Gdansk Newsroom). ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;)).

Ceconomy Expects 210-250 Mln Eur in Adj EBIT For Fiscal Year 2020/21

Aug 11 (Reuters) - Ceconomy AG <CECG.DE>::SAYS PROLONGED TEMPORARY STORE CLOSURES AND FURTHER RESTRICTIONS IN BRICK-AND-MORTAR RETAIL LED TO A SIGNIFICANT IMPACT ON BUSINESS.SAYS CURRENCY- AND PORTFOLIO-ADJUSTED SALES UP 5.4 PERCENT YEAR-ON-YEAR IN FIRST NINE MONTHS OF FINANCIAL YEAR 2020/21.SAYS 9M ADJUSTED EBIT CAME IN AT EUR 106 MILLION , EUR 7 MILLION LOWER THAN IN PREVIOUS YEAR (9M 2019/20: EUR 113 MILLION)..SAYS FOR FINANCIAL YEAR 2020/21, CECONOMY NOW EXPECTS A SLIGHT TO MODERATE INCREASE IN TOTAL SALES ADJUSTED FOR EXCHANGE RATE EFFECTS.SAYS NOW EXPECTS ADJUSTED EBIT BETWEEN EUR 210 MILLION AND EUR 250 MILLION FOR FINANCIAL YEAR 2020/21 (2019/20: EUR 236 MILLION)..

Ceconomy Replaces KfW Syndicated Loan With ESG-Linked Syndicated Credit Facilities

July 30 (Reuters) - CECONOMY AG <CECG.DE>::SETTLES POST-PANDEMIC FINANCING STRUCTURE: EXISTING KFW SYNDICATED LOAN AGREEMENT REPLACED BY ESG-LINKED SYNDICATED CREDIT FACILITIES.NEW FACILITIES HAVE A DIVERSE MATURITY PROFILE.NEW FACILITIES ARE SPLIT INTO INITIAL FIVE-YEAR TRANCHE WITH A VOLUME OF €707 MILLION AND AN INITIAL THREE-YEAR TRANCHE WITH VOLUME OF €353 MILLION.

Ceconomy Q3 Reported EBIT Down At EUR -106 Million

July 19 (Reuters) - Ceconomy AG <CECG.DE>::Q3 SALES ADJUSTED FOR CURRENCY EFFECTS AND PORTFOLIO CHANGES UP +8.0% AND ADJUSTED EBIT1 EXCLUDING. ASSOCIATES -48 €M BELOW PRIOR YEAR DUE TO NORMALIZATION OF THE COST BASE.ONLINE SALES IN Q3 REMAINED ON HIGH LEVEL AND ACCOUNTED FOR AROUND 34% OF TOTAL SALES, DEMONSTRATING SUCCESSFUL EXECUTION OF OMNICHANNEL STRATEGY.Q3 ADJUSTED EBIT EXCLUDING. ASSOCIATES DECLINED BY -48 €M YOY TO -93 €M (Q3 2019/20: -45 €M).Q3 REPORTED EBIT DECLINED BY -41 €M YOY TO -106 €M (Q3 2019/20: -64 €M);.

Ceconomy Prices EUR 500 Million 5-Year Senior Unsecured Bond

June 18 (Reuters) - Ceconomy AG <CECG.DE>::FURTHER ENHANCES POST-PANDEMIC FINANCING STRUCTURE WITH EUR 500 MILLION 5-YEAR SENIOR UNSECURED BOND.NOTES WILL MATURE IN JUNE 2026 AND CARRY AN ANNUAL FIXED COUPON OF 1.75%.ISSUE PRICE WAS 99.409, EQUIVALENT TO A YIELD OF 1.875%. OFFERING WILL SETTLE ON 24 JUNE 2021..

Ceconomy Q2 Adjusted EBIT Loss Widens To EUR 146 Million

May 11 (Reuters) - CECONOMY AG <CECG.DE>:Q2 ONLINE SALES UP BY 146.5% YOY AT EUR 2.1 BILLION SUPPORTED BY HIGHER ONLINE TRAFFIC AND CONVERSION RATE.Q2 ONLINE SHARE REACHED 49.0% OF TOTAL SALES (Q2 19/20: 18.6%).Q2 REPORTED EBIT IMPROVED BY EUR 366 MILLION YOY TO EUR –2 MILLION.Q2 ADJUSTED EBIT EXCLUDING. ASSOCIATES DOWN AT EUR –146 MILLION DUE TO COVID-19-RELATED SALES AND GROSS MARGIN DECLINE.Q2 SALES ADJUSTED FOR CURRENCY EFFECTS AND PORTFOLIO CHANGES DOWN BY –5.7% AT EUR 4.32 BILLION.

Ceconomy Appoints Dr Karsten Wildberger As New CEO

May 10 (Reuters) - CECONOMY AG <CECG.DE>::SUPERVISORY BOARD OF CECONOMY AG APPOINTS DR KARSTEN WILDBERGER AS NEW CHIEF EXECUTIVE OFFICER.BY MUTUAL AGREEMENT WITH DR BERNHARD DÜTTMANN, HIS APPOINTMENT AS CEO OF CECONOMY WILL BE TERMINATED AT SAME TIM.APPOINTED DR KARSTEN WILDBERGER WITH EFFECT FROM AUGUST 1, 2021.

Ceconomy Lays Foundation Of Its Post-Pandemic Financing Structure With New EUR 1 Billion ESG-Linked Syndicated Revolving Credit Facilities

May 6 (Reuters) - CECONOMY AG <CECG.DE>::LAYS FOUNDATION OF ITS POST-PANDEMIC FINANCING STRUCTURE WITH NEW EUR 1 BILLION ESG-LINKED SYNDICATED REVOLVING CREDIT FACILITIES.NEW FACILITIES ARE SPLIT INTO A FIVE-YEAR TRANCHE WITH A VOLUME OF EUR 707 MILLION AND A THREE-YEAR TRANCHE WITH A VOLUME OF EUR 353 MILLION IN ORDER TO DIVERSIFY MATURITY PROFILE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up