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Ceconomy AG (CECG.DE)

CECG.DE on Xetra

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Wed, Dec 13 2017

Newly independent Metro sees higher profits ahead

BERLIN Metro on Wednesday forecast stronger profitability in 2017/18 in a sign that the German retailer expects to see some of the benefits soon from its split from consumer electronics group Ceconomy.

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.

Metro denies report it could delist after split

BERLIN German retailer Metro, recently demerged from consumer electronics group Ceconomy, denied a report on Thursday that is chief executive has held talks about a possible delisting from the stock exchange.

UPDATE 1-Metro denies report it could delist after split

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

Metro mulls delisting due to weak share price - Manager Magazin

BERLIN, Sept 21 The chief executive of German retailer Metro, recently demerged from consumer electronics group Ceconomy, has held talks about a possible delisting from the stock exchange, the monthly Manager Magazin reported on Thursday.

UPDATE 2-Germany's Ceconomy shrugs off challenge to Fnac Darty stake

* Ceconomy CEO rejects Kellerhals comments (Adds details, analyst comment)

Germany's Ceconomy shrugs off challenge to Fnac Darty stake

BERLIN German consumer electronics retailer Ceconomy rejected on Thursday criticism by a minority shareholder of its purchase last month of a stake in French music and book retailer Fnac Darty.

Ceconomy shrugs off challenge to Fnac Darty stake

BERLIN, Aug 31 German consumer electronics retailer Ceconomy rejected on Thursday criticism by a minority shareholder of its purchase last month of a stake in French music and book retailer Fnac Darty.

Metro, Ceconomy see sales boosted by online, delivery

BERLIN, Aug 31 German retailer Metro and consumer electronics group Ceconomy, which split and listed separately last month, both reported sales recovered in their fiscal third quarter on Thursday, helped by fast-growing online and delivery services.

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