CECONOMY AG has unveiled an investor presentation highlighting its strategic initiatives and financial performance. The company reported strong fundamentals for fiscal year 2023/24, with approximately €22 billion in total sales and an adjusted EBITDA of around €1 billion. Brand awareness exceeds 75%, and the online segment constitutes about 25% of sales. CECONOMY continues to modernize its over 1,000 stores, promoting a successful transition into a customer-centric service platform. The presentation underscores the company's position as Europe's leading omnichannel consumer electronics platform, detailing its investment agreement with JD.com. CECONOMY's strategy is delivering positive momentum and strong results for future growth, emphasizing its diverse omnichannel touchpoints and enhanced retail services. You can access the full presentation through the link below.
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