Ceconomy AG (CECG.DE)
DUESSELDORF, Feb 13 German consumer electronics retailer Ceconomy, which split from Metro in 2017, will cut its stake in the wholesaler to up to 1 percent this year, its finance chief said on Wednesday.
BERLIN Shares in Ceconomy surged more than 20 percent on Friday after Europe's biggest consumer electronics retailer posted better-than-expected sales for its first quarter, buoyed by Black Friday discount days and upbeat online sales.
* Online sales up 28 pct to break 1 bln euro mark (Adds quotes from CFO, shares, analyst, details)
BERLIN, Feb 8 Ceconomy, Europe's biggest consumer electronics retailer, maintained its profit guidance for its fiscal year on Friday after its first-quarter sales beat expectations boosted by the Black Friday discount sales.
BERLIN, Jan 30 Ceconomy, Europe's biggest consumer electronics retailer, has appointed a new chief executive and finance chief to replace managers the supervisory board announced in October it was removing after a profit warning dented investor confidence.
FRANKFURT, Jan 11 Ceconomy, Europe's biggest consumer electronics retailer, on Friday said it was delaying plans to form an extensive business alliance with French peer Fnac Darty, in which it owns a 24 percent stake.
BERLIN Ceconomy , Europe's biggest consumer electronics retailer, expects profits to fall again in 2018/19 as it faces competition online and seeks a new leadership team, sending its shares tumbling 13 percent to a record low.
BERLIN, Dec 19 Ceconomy, Europe's biggest consumer electronics retailer, still sees its 24 percent stake in France's Fnac Darty as essential to its desire for more consolidation in the sector even if it has no imminent plans for buys.
* Shares drop to record low (Adds executive comments, analyst)
BERLIN, Dec 19 Ceconomy, Europe's biggest consumer electronics retailer, said it expects profits to fall again in the 2018/19 financial year as it tries to streamline its operations and find new top management in a challenging retail environment.