News & Press

Latest News

MediaMarktSaturn

“With Personalized Service, we give our store a face”

MediaMarktSaturn is not just any retailer. Our employees are the key success factor on our path to becoming an Experience Champion. As diverse and multifaceted as our company is, our employees, their tasks and backgrounds are just as diverse. They are our Experience Champions - because they create a unique shopping experience for our customers. Here they tell their stories. This time, the focus is on the team from MediaMarkt Dresden-Elbepark, one of our pilot stores for our personalized service.

CECONOMY

Good prospects for MediaMarktSaturn: CECONOMY issues positive outlook for full year 2022/23 based on strong performance in the third quarter

// Sales¹ increase by 7.4 % year-on-year to €4.5 billion in Q3 2022/23, to €16.9 billion in the first nine months (+5.9 %¹) // Customer satisfaction – NPS (net promoter score) reaches 55, the highest-ever figure // EBIT² significantly improves by €43 million, nine-month figure at €149 million // Free cash flow increases by nearly €1 billion year-on-year in the first nine months // Outlook for 2022/23 revised: CECONOMY commits to positive scenario with moderateincrease in total sales adjusted for exchange rate effects and a clear increase in adjusted EBIT compared with the previous year

CECONOMY

CECONOMY aims to become a customer-centric service platform with ambitious targets for 2025/26

FY 2021/22 ‘s adj. EBIT set to double to over €500 m in FY 2025/26 with FCF of c. €200 m

CECONOMY

CECONOMY increases sales and earnings in the second quarter of the financial year

// Sales increased by 6.4 per cent1 to €5.3 billion in Q2 2022/23, to €12.4 billion in the first half of the year (+5.51 per cent) // Strategic Services & Solutions business grows by 5.2 per cent to €323 million in the quarter // EBIT2 improved by €35 million to –€23 million; half-year figure amounts to €207 million // Free cash flow increased by more than €800 million in the first half of the year