CECONOMY

CECONOMY is a Germany-based company that operates retail stores selling electronic products such as washing machines, coffee makers, cameras and mobile phones. Read more

Karsten Wildberger's photo - CEO of CECONOMY

CEO

Karsten Wildberger

CEO Approval Rating

90/100

Founded:

2017

Status:

PublicIndependent CompanyOtherCEC

CECONOMY TOP COMPETITORS OR ALTERNATIVES

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Dixons Carphone is one of CECONOMY's top rivals. Dixons Carphone is a Public company that was founded in 1937 in London, England. Dixons Carphone competes in the Computer & Electronics Retail industry. Compared to CECONOMY, Dixons Carphone has 12,431 fewer employees.

Argos is seen as one of CECONOMY's biggest rivals. Argos was founded in 1973 in Milton Keynes, England. Argos is in the Building Material & Home Improvement industry. Argos generates $21.4B less revenue than CECONOMY.

BrightHouse is one of CECONOMY's top competitors. BrightHouse was founded in 1994, and its headquarters is in Birmingham, England. BrightHouse is in the Logistics, Wholesalers & Retail Distributors field. BrightHouse has 46,787 fewer employees than CECONOMY.

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CECONOMY Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$27B

CECONOMY's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 4.4B. Over the last four quarters, CECONOMY's revenue has decreased by 79.2%. Specifically, in Q1 2021's revenue was $5.1B; in Q4 2020, it was $9.2B; in Q3 2020, it was $24.4B; in Q2 2020, CECONOMY's revenue was $24.4B.

CECONOMY Acquisitions

No recent acquisitions found related to CECONOMY

CECONOMY Funding History

No recent funding data found related to CECONOMY

CECONOMY Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Fnac Darty engages in the design, development and distribution of cultural, leisure, technical products and appliances.
$526M
Jul 25, 2017
Equity
-

CECONOMY News

May 11, 2021RetailDetail

Ceconomy appoints new CEO and simplifies management structure

As of 1 August Dr Karsten Wildberger will be the new CEO of Ceconomy. He will also become CEO of Medi... See more »
May 11, 2021Telecompaper

Ceconomy sees drops in revenues in Q2, names new CEO

(Telecompaper) Ceconomy, the owner of retailers Media Markt and Saturn, said sales in Q2 ending in Ma... See more »
May 11, 2021FinanzNachrichten

Ceconomy Q2 Sales Down 5.7%

DUESSELDORF (dpa-AFX) - German consumer electronics retailer Ceconomy AG (MTAGF.PK, MTTRY.PK) reporte... See more »
May 7, 2021Telecompaper

Ceconomy signs credit facility linked to ESG targets

(Telecompaper) Ceconomy, the owner of retailers Media Markt and Saturn, said it has signed a credit f... See more »
April 28, 2021Global Legal Chronicle

CFO Karin Sonnenmoser's Withdrawal From Ceconomy AG

GÖRG advised Karin Sonnenmoser, while Hengeler Mueller advised Ceconomy AG. Karin Sonnenmoser, Chief ... See more »
April 23, 2021MarketScreener

Release according to -2-

(marketscreener.com) 2021-04-23 The DGAP Distribution Services include Regulatory Announcements, Fina... See more »
April 20, 2021Telecompaper

Ceconomy appoints new CFO from May

(Telecompaper) Ceconomy, the owner of retailers Media Markt and Saturn, said it has appointed Florian... See more »

CECONOMY Press Releases

Social Media

CECONOMY Headquarters

Kaistr. 3

Duesseldorf, North Rhine-Westphalia40221

49-211-5408-7000

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CECONOMY Summary

ABOUT

Overview

CECONOMY is a Germany-based company that operates retail stores selling electronic products such as washing machines, coffee makers, cameras and mobile phones. CECONOMY was founded in 2017. CECONOMY's headquarters is located in Duesseldorf, North Rhin...

CEO

CECONOMY's CEO, Karsten Wildberger, currently has an approval rating of 90%. CECONOMY's primary competitors are Dixons Carphone, Argos & BrightHouse.

Frequently Asked Questions about CECONOMY

  1. When was CECONOMY founded?

    CECONOMY was founded in 2017
  2. Who is CECONOMY's CEO?

    CECONOMY's CEO is Karsten Wildberger
  3. How much revenue does CECONOMY generate?

    CECONOMY generates $27B in revenue
  4. How much funding does CECONOMY have?

    CECONOMY has historically raised $0 in funding
  5. Where is CECONOMY's headquarters?

    CECONOMY's headquarters is in Duesseldorf North Rhine-Westphalia, DE
  1. How many employees does CECONOMY have?

    CECONOMY has 48,781 employees
  2. What sector does CECONOMY operate in?

    CECONOMY is in Electrical Components & Equipment
  3. Who are CECONOMY's competitors?

    CECONOMY's top competitors are Dixons Carphone, Argos, BrightHouse
  4. Who has CECONOMY invested in?

    CECONOMY's has invested in companies such as Fnac Darty Group