CECONOMY AG
CEC
ISIN DE0007257503 / Valor 492663
CECONOMY AG
UMushroom community rating:
About company
CECONOMY AG is a leading retailer that offers professional assistance with installing, connecting, and troubleshooting electronic devices for customers either in their homes or remotely through its subsidiary, Deutsche Technikberatung. The company aims to be the preferred choice for tailored solutions in a technology-driven world. CECONOMY's business focuses on providing expert services to help customers make the most of their electronic devices, ensuring a seamless and efficient user experience.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (14.08.2024):
Revenue Growth
CECONOMY AG reported a significant increase in revenue for Q3 2022/23, reflecting strong sales performance across its various business segments. The company attributed this growth to successful marketing campaigns and an increase in consumer demand for electronics and home appliances.
Net Income
In Q3 2022/23, CECONOMY AG's net income saw a notable improvement compared to the same period last year. This positive outcome was driven by higher sales volumes and effective cost management strategies implemented throughout the quarter.
Operating Profit
CECONOMY AG's operating profit for Q3 2022/23 showed a robust increase, highlighting the company's operational efficiency and ability to capitalize on market opportunities. The improvement in operating profit was also supported by a reduction in operational expenses.
Dividend Announcement
For Q3 2022/23, CECONOMY AG announced a dividend payout, reflecting the company's strong financial performance and commitment to returning value to its shareholders. The dividend decision underscores the confidence in the company's ongoing growth and profitability.
Future Outlook
CECONOMY AG provided an optimistic outlook for the remainder of the fiscal year 2022/23, anticipating continued revenue growth and profitability. The company plans to leverage its market position and expand its product offerings to sustain its positive financial trajectory.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1317 M
Market cap (USD)
412,015
Daily traded volume (Shares)
2.608 / 2.506
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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