Düsseldorf, 23 October 2019
Dr Bernhard Düttmann, CEO of CECONOMY: “We made noticeable progress in financial year 2018/19. Nevertheless, it is clear that we need to continue with the further development and execution of the strategy. This includes a customer-centric business model as well as central initiatives such as supply chain and category management. We will present the results of the ongoing strategy process as planned around the turn of the calendar year.”
Karin Sonnenmoser, CFO of CECONOMY: “We achieved our full-year sales. Earnings came in slightly ahead of expectations, which is essentially due to a better than expected business development in Spain, Italy and Germany in the fourth quarter. We are also pleased to see the reorganization and efficiency program fully on track.”
Ferran Reverter, CEO of MediaMarktSaturn: “We have succeeded in stopping the negative trend and at the same time setting the first course for a sustainably successful future. We will drive profitable growth by further improving our digital capabilities and expanding our Services & Solutions offering. Moreover, progress on centralisation is steadily building. This also supports the business to even better plan and steer the upcoming Black Friday season.”
