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Ceconomy AG (CECG.DE)

CECG.DE on Xetra

5.27EUR
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€9.82
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€2.92

Latest Key Developments (Source: Significant Developments)

Fnac Darty Launches Senior Notes Offering For 650 Million Euros
Tuesday, 23 Apr 2019 

April 23 (Reuters) - FNAC DARTY SA ::LAUNCHES €650 MILLION SENIOR NOTES OFFERING.NOTES WILL BE GUARANTEED ON A SENIOR BASIS BY CERTAIN OF ISSUER'S SUBSIDIARIES WITHIN 90 DAYS AFTER DATE OF CLOSING OF OFFERING.EUR 300 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2024.EUR 350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026.ISSUER EXPECTS TO USE PROCEEDS FROM OFFERING, TOGETHER WITH CASH ON HAND, TO FULLY REDEEM ITS OUTSTANDING EUR 650 MILLION 3.25% SENIOR NOTES DUE 2023.  Full Article

Fnac Darty In Exclusive Negotiations To Buy Nature & Découvertes
Tuesday, 16 Apr 2019 

April 16 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY STRENGTHENS ITS OFFERING IN THE NATURAL AND WELL-BEING PRODUCT SECTOR EXCLUSIVE NEGOTIATIONS TO ACQUIRE NATURE & DÉCOUVERTES.EXCLUSIVE NEGOTIATIONS TO ACQUIRE NATURE & DÉCOUVERTES.FNAC DARTY'S OBJECTIVE IS TO COMPLETE TRANSACTION AT END OF FIRST HALF OF 2019..  Full Article

Ceconomy: Third Share Buyback Program Is Concluded
Monday, 25 Feb 2019 

Feb 25 (Reuters) - CECONOMY AG ::THIRD SHARE BUYBACK PROGRAM IS CONCLUDED.  Full Article

Ceconomy - Share Buyback To Allot Shares To Employees
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Ceconomy AG ::HAS RESOLVED THE BUYBACK OF ORDINARY BEARER SHARES OVER THE STOCK EXCHANGE AS TREASURY SHARES BY THE COMPANY IN A VALUE OF UP TO EUR 90,000.00 (EXCLUDING COSTS OF THE ACQUISITION).THE BUYBACK WILL BE EXECUTED IN THREE SHARE BUYBACK PROGRAMS WITHIN C. TWO YEARS.THE SOLE PURPOSE OF THE BUYBACK IS THE PERFORMANCE OF THE COMPANY'S OBLIGATIONS TO ALLOT SHARES TO THE COMPANY'S EMPLOYEES.  Full Article

Ceconomy: Third Share Buyback Program Shall Be Limited To Maximum Of 7,638 Ordinary Shares
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - CECONOMY AG ::BUYBACK WITHIN THIRD SHARE BUYBACK PROGRAM SHALL BE LIMITED TO A MAXIMUM OF 7,638 ORDINARY SHARES OF COMPANY.MAXIMUM AMOUNT OF MONEY THAT MAY BE INCURRED FOR THIRD SHARE BUYBACK PROGRAM SHALL BE EUR 46,500.00.  Full Article

Fnac Darty Signs Credit Agreement For EUR 100 Million With EIB
Monday, 18 Feb 2019 

Feb 18 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY REINFORCES THE EUROPEAN DIMENSION OF ITS FINANCING STRUCTURE.HAS SIGNED A CREDIT AGREEMENT FOR 100 MILLION EUROS WITH EUROPEAN INVESTMENT BANK (EIB).  Full Article

Fnac Darty Reports Loss Of Sales Estimated At Around 45 Million Euros
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - FNAC DARTY SA ::IN AN UNPRECEDENTED CONTEXT OF « YELLOW VEST » PROTESTS, FNAC DARTY REPORTS A LOSS OF SALES ESTIMATED AT AROUND 45 MILLION EUROS.THIS IMPACT ON END OF YEAR SALES SHOULD WEIGH CORRELATIVELY ON THE CURRENT OPERATING INCOME GROWTH EXPECTED FOR 2018.GROUP CONFIRMS MID-TERM OBJECTIVES OF HIGHER GROWTH THAN ITS MARKETS, AND A CURRENT OPERATING MARGIN BETWEEN 4.5% AND 5% OF SALES.GROUP REAFFIRMS ITS OBJECTIVE OF €130M OF SYNERGIES DEPLOYED AT THE END OF 2018.  Full Article

Ceconomy Resolves Share Buyback
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - CECONOMY AG ::RESOLVED BUYBACK OF ORDINARY BEARER SHARES OVER STOCK EXCHANGE AS TREASURY SHARES BY COMPANY IN A VALUE OF UP TO EUR 90,000.00.  Full Article

Ceconomy reports preliminary results for past FY 2017/18; earnings below expectations
Monday, 8 Oct 2018 

Oct 8 (Reuters) - :PRELIMINARY RESULTS FOR PAST FINANCIAL YEAR 2017/18; EARNINGS BELOW EXPECTATIONS.EXPECTS FY 2017/18 SALES TO GROW BY APPROX. 0.2 PER CENT ADJUSTED FOR CURRENCY EFFECTS AND PORTFOLIO CHANGES.EXPECTS FY 2017/18 AN EBITDA OF AROUND EUR630 MILLION (COMPARATIVE PREVIOUS-YEAR FIGURE: EUR714 MILLION BEFORE SPECIAL ITEMS).EXPECTS FY 2017/18 AN EBIT OF AROUND EUR400 MILLION (COMPARATIVE PREVIOUS-YEAR FIGURE: EUR494 MILLION BEFORE SPECIAL ITEMS).CECONOMY- DEVIATION IN PRELIMINARY RESULTS ATTRIBUTABLE TO LOWER THAN EXPECTED OPERATING EARNINGS FROM MEDIAMARKTSATURN RETAIL GROUP AT FY 2017/18-END.  Full Article

Ceconomy Resolves Buyback Of Ordinary Bearer Shares In A Value Of Up To EUR 90,000
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Ceconomy AG ::RESOLVED BUYBACK OF ORDINARY BEARER SHARES OVER STOCK EXCHANGE AS TREASURY SHARES BY COMPANY IN A VALUE OF UP TO EUR 90,000.00.BUYBACK WILL BE EXECUTED IN THREE SHARE BUYBACK PROGRAMS WITHIN C. TWO YEARS.  Full Article

German electronics chain MediaMarktSaturn plans job cuts: sources

DUESSELDORF, Germany MediaMarktSaturn, Europe's biggest consumer electronics retailer and owned by Ceconomy, plans to announce hundreds of job cuts following a string of profit warnings and management upheaval last year, sources said.