Dusseldorf, 17 May 2018 - CECONOMY AG ("CECONOMY") successfully continued driving forward its strategic agenda in the second quarter of the 2017/18 financial year, significantly improving operating profit. Adjusted for currency effects, total sales increased by 0.8 per cent from January through March compared with the previous year and came in at €5.2 billion on a reported basis. EBITDA1 increased by €56 million to €97 million (Q2 2016/17: €40 million before special items) while EBIT improved from a loss of €19 million in the previous year to an operating profit of €38 million. Even excluding the contribution from the investment in the leading French retail company Fnac Darty, which made a noticeable contribution to earnings for the first time with around €21 million, EBIT improved to around €18 million.
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