Ceconomy Beats Profit Forecast, 15th Consecutive Quarter of Margin Growth

Ceconomy, owner of MediaMarkt, reported adjusted operating profit of €515M for FY ending September, beating its own €500M forecast. Revenue rose ~5% to €24B, marking the 15th consecutive quarter of profitability improvement. The beat signals resilient consumer electronics demand and operational efficiency, though the modest forecast gap limits market impact.

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