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General

MediaMarkt owner Ceconomy issues second profit warning in a month

Wednesday 10 October 2018 | 12:10 CET | News
Ceconomy, owner of the MediaMarket and Saturn retail chains, said it expects to report results for its fiscal year to September even lower than its already reduced forecast issued last month. Annual adjusted EBITDA is expected at EUR 630 million, down from EUR 714 million a year ago and below the range of EUR 680-710 million forecast last month. 

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Categories: General
Companies: Mediamarkt
Countries: Europe
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