Ceconomy AG engages in the consumer electronics retail business. The company operates approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores in 3 countries under the Saturn brand. It also operates Flip4New for selling used electronic articles online. In addition, the company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. The company is based in Düsseldorf, Germany.
General Outlook
In simple terms, Ceconomy AG has 485.221 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.079% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.002%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.001%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.002% return, is a testament to Ceconomy AG's adeptness in optimizing resource deployment. Ceconomy AG's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.022%. Furthermore, the proficiency of Ceconomy AG in capital utilization is underscored by a remarkable 0.018% return on capital employed.
Stock Prices
Ceconomy AG's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $2.24, while its low point bottomed out at $2.17. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Ceconomy AG's stock market.
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