In This Article:
Ceconomy (ETR:CEC) Third Quarter 2024 Results
Key Financial Results
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Revenue: €4.92b (up 8.6% from 3Q 2023).
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Net loss: €162.0m (loss narrowed by 13% from 3Q 2023).
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€0.33 loss per share (improved from €0.38 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ceconomy Earnings Insights
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany.
Performance of the German Specialty Retail industry.
The company's shares are up 5.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Ceconomy you should be aware of, and 1 of them is a bit concerning.
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