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General

MediaMarkt owner warns for lower FY profit

Wednesday 19 September 2018 | 11:34 CET | News
Ceconomy, owner of the MediaMarkt and Saturn retail chains, has warned for lower than expected earnings in its fiscal year to September. The hot weather over the summer hurt sales in its home market Germany and the company's strategic changes are not yet having the intended effect, the group said. 

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Categories: General
Companies: Mediamarkt
Countries: Europe
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