Retailer Ceconomy turns to profit in, sees growth ahead

NAMPA / DPA

2024-12-18

Duesseldorf (dpa) - Consumer electronics retailer Ceconomy reported on Wednesday a profit in its fiscal 2024, compared to the prior year's loss, on sales growth. Ceconomy, which operates the MediaMarkt and Saturn retailers in several European countries, also said it projects growth ahead, and is well on track to meet its medium-term targets. For fiscal 2024, net profit was ?77 million ($80.7 million), compared to prior year's loss of ?37 million.......

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