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General

Consumer electronics demand pushes Q3 sales higher at Ceconomy

Monday 19 July 2021 | 16:22 CET | News
Ceconomy, the owner of retailers Media Markt and Saturn, said sales, adjusted for currency effects and portfolio changes, grew by 8 percent year-on-year in the fiscal third quarter to June, driven by continued high demand for consumer electronics and successful marketing campaigns. The company said it recorded high demand especially for new media products including computer hardware, telco products and accessories, TVs and home appliances. By contrast, demand for entertainment and photo products remained below the prior year's level.

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Categories: General
Companies: Ceconomy
Countries: Europe
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