Brief: Ceconomy FY Revenues UP 5.3% YOY TO EUR 22.4 Billion

Ceconomy AG

18/12/2024 06:00

Dec 18 (Reuters) - CECONOMY AG  CECG.DE :
    * CECONOMY - FY REVENUES UP 5.3% YOY TO EUR 22.4 BILLION
    * CECONOMY - FY ADJUSTED. EBIT UP 26% YOY TO EUR 305 MILLION
    * CECONOMY - FY NET PROFIT AT EUR 77 MILLION, UP FROM MINUS
EUR 37
MILLION LAST YEAR
    * CECONOMY - FY ADJUSTED EPS AT EUR 0.22
    * CECONOMY - DIVIDEND POLICY: AIMING FOR A PAYOUT RATIO OF
10% TO
25% OF EARNINGS PER SHARE IN FUTURE
    * CECONOMY - CHANGE IN BUSINESS MODEL IS PROGRESSING
    * CECONOMY - OUTLOOK: MODERATE INCREASE IN CURRENCY- AND
PORTFOLIO-ADJUSTED TOTAL REVENUES AND SIGNIFICANT INCREASE IN
ADJUSTED EBIT

Further company coverage:  CECG.DE 

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