Ceconomy Ag · XETR:CEC
Ceconomy — Investor Presentation (May 2025)
124 slides from Ceconomy's investor presentation, May 2025
Slide 1: General Investor Presentation
Rotterdam, Netherlands General Investor Presentation
Slide 2: Europe's leading consumer electronics retailer with good traction
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 2 Europe’s l
Slide 3: Agenda: Company Overview
Carugate, Italy 1. Company Overview I. CECONOMY at a glance II. Our history III. Purpose & Strategy IV. Environmental, Social and Governance 2. Business model deep-dive 3. Market overview 4. Financials 5. Outlook 6. Capital Market
Slide 4: We are market leader in consumer electronics in Europe
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 4 We are mar
Slide 5: Well-diversified regional and product sales
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 5 We are wel
Slide 6: Substantial progress in transforming our business
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 6 Substantia
Slide 7: 2024/25 sales and EBIT outlook
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 7 2024/25 sa
Slide 8: Omnichannel strategy shows visible progress
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 8 We create
Slide 9: Transforming and enhancing our business model
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 9 We transfo
Slide 10: Growth businesses drive 2025/26 profitability ambition
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 10 Based on
Slide 11: Our history
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 11 Our histo
Slide 12: Transformation from decentralised retailer to service platform
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 12 CECONOMY’
Slide 13: Demerger of METRO and CECONOMY in 2017
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 13 Demerger
Slide 14: Convergenta transaction in 2022
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 14 Convergen
Slide 15: Overview of CECONOMY investments
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 15 Overview
Slide 16: Freed from the burdens of the past
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 16 Freed fro
Slide 17: Brand transformation to experience electronics champion
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 17 We effect
Slide 18: Our Purpose
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 18 Our Purpo
Slide 19: We guide customers through an increasingly complex world
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 19 We guide
Slide 20: We operate in a constantly growing industry
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 20 We operat
Slide 21: Well positioned to gain share in growth trends
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 21 We are we
Slide 22: Our four strategic pillars
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 22 Our four
Slide 23: Better placed to deliver omnichannel experience
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 23 We are be
Slide 24: Moving from traditional retail to a service platform
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 24 We are mo
Slide 25: Strategy underpinned by clear KPIs until 2025/26
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 25 Our strat
Slide 26: Key focus areas show transformative progress
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 26 Our key f
Slide 27: Aim for €500 m adj. EBIT by FY 25/26
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 27 We aim to
Slide 28: Transformation leads to higher gross margin and FCF
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 28 Our trans
Slide 29: Growth businesses drive 2025/26 profitability ambition
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 29 Based on
Slide 30: Growth businesses significant in size
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 30 Our growt
Slide 31: Extensive sustainability strategy
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 31 With sust
Slide 32: Sustainability reflected in our ratings
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 32 Our commi
Slide 33: Focus on 7 of 17 UN SDGs
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 33 Our susta
Slide 34: Environmental, social and governance focus areas
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 34 Our envir
Slide 35: Ambitious sustainability targets
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 35 We have s
Slide 36: Sustainability as growing business opportunity
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 36 Sustainab
Slide 37: BetterWay guides customers to sustainable lifestyle
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 37 By markin
Slide 38: Social: we care for our employees
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 38 Social: w
Slide 39: We integrate sustainability into our governance
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 39 We integr
Slide 40: German two-tier governance system
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 40 Collabora
Slide 41: Supervisory Board diversity profile
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 41 CECONOMY‘
Slide 42: Supervisory Board skills distribution
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 42 CECONOMY‘
Slide 43: Supervisory Board shareholders' representatives
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 43 CECONOMY
Slide 44: Supervisory Board employees' representatives
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 44 CECONOMY
Slide 45: Management Board and Executive Committee
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 45 Our Manag
Slide 46: Modified Management Board remuneration system
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 46 In Februa
Slide 47: Management shareholding programme
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I CECONOMY at a glance CECONOMY at a glance II Our history Our history III Purpose Strategy Purpose & Strategy IV ESG ESG 47 Managemen
Slide 48: Business model deep-dive
Distribution Centre Erfurt, Germany 1. Company Overview 2. Business model deep-dive I. Retail Core & Space-as-a-service II. Services & Solutions III. Marketplace IV. Private Label V. Retail Media VI. Strategic Pillars 3. Market overview 4. Financials 5. Outlook 6. Capital Market
Slide 49: Building Blocks of our Strategy: Customer Loyalty
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 50: Boosting service quality and loyalty programs
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 51: myMediaMarkt core customer program
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 52: Building Blocks: Omnichannel Excellence
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 53: Unique omnichannel capabilities
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 54: Four store formats (1/2)
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 55: Four store formats (2/2)
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 56: Complete overhaul of core store portfolio by FY 25/26
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 57: Future range of Space-as-a-Service
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 58: Building Blocks: Growing our service platform
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 59: Services & Solutions portfolio
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 60: Deep dive on Services & Solutions portfolio
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 61: Services along the entire product life cycle
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 62: Substantial increase in Services & Solutions income
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 63: Building Blocks: Improving Marketplace offering
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 64: Marketplace enables an endless aisle
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 65: Progress on Marketplace ambition
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 66: Building Blocks: Making assortment more attractive
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 67: Margin accretive Private Label products
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 68: Private Label brand portfolio
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 69: Ambitious Private Label targets
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 70: Building Blocks: Scaling Retail Media
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 71: General Introduction to Retail Media
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 72: Growing Retail Media market
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 73: Retail Media offering expanded with new releases
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 74: Our Retail Media product portfolio
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 75: Continuously growing Retail Media business
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 76: Backbone: Supply chain and tech transformation
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 77: We used to run a decentralised logistic network
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 78: Moving towards more centralised logistics
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 79: Goal: efficient omnichannel logistics system
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 80: Transforming tech infrastructure to cloud
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 81: Backbone: Delivering our sustainability agenda
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 82: Increasing share of sustainable and energy-efficient products
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 83: Service offering extends product lifecycle
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 84: Backbone: Engaging employees and customers
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 85: Employee experience: Putting our front-line first
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 86: Market Overview
Vösendorf, Austria 1. Company Overview 2. Business model deep-dive 3. Market Overview I. Retail electronics market development II. Product-mix development III. Competitive landscape 4. Financials 5. Outlook 6. Capital Market
Slide 87: Attractive and stable market
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Market Market II Product-mix Product-mix III Competitive landscape Competitive landscape 87 We operate in an attractive and stable m
Slide 88: Lifestyle change impacts product mix
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Market Market II Product-mix Product-mix III Competitive landscape Competitive landscape 88 Consumer lifestyle change continues to i
Slide 89: Replacement cycles and AI integration
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Market Market II Product-mix Product-mix III Competitive landscape Competitive landscape 89 Upcoming replacement cycles of consumer
Slide 90: Established leadership positions in key European markets
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Market Market II Product-mix Product-mix III Competitive landscape Competitive landscape 90 We have an established leadership positi
Slide 91: We operate in highly fragmented markets
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Market Market II Product-mix Product-mix III Competitive landscape Competitive landscape 91 We operate in highly fragmented markets
Slide 92: Financials
Smart (Ex-Gravis), Munich, Germany 1. Company Overview 2. Business model deep-dive 3. Market Overview 4. Financials I. Sales & Earnings II. Costs III. Free cash flow & NWC IV. Cash & Debt V. Credit ratings 5. Outlook 6. Capital Market
Slide 93: Top line growing above market while EBIT recovered
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 93 Top
Slide 94: Product sales remained overall stable
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 94 CEC
Slide 95: Past net profit distorted by non-recurring costs
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 95 Pas
Slide 96: Uptick in online sales with lasting effect
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 96 Sig
Slide 97: Core region in sales and EBIT remains DACH
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 97 Our
Slide 98: Margin improvement after COVID
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 98 Sol
Slide 99: Volatile free cash flow due to fluctuating NWC
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 99 Vol
Slide 100: Seasonal variation in NWC; improved cash management
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 100 Ty
Slide 101: FCF development over the years
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 101 FC
Slide 102: NWC development over the years
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 102 NW
Slide 103: Low and stable financial debt since June 2021 bond
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 103 Si
Slide 104: No major debt repayment before 28/29
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 104 CE
Slide 105: Strong improvement in credit spread
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 105 St
Slide 106: Maturity profile extended by early refinancing
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 106 Ma
Slide 107: Prudent financial policy and improved leverage ratio
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Sales Earnings Sales & Earnings II Costs Costs III FCF NWC FCF & NWC IV Cash Debt Cash & Debt V Credit Ratings Credit Ratings 107 Pr
Slide 108: Outlook
Smart, (Ex-Gravis), Leipzig, Germany 1. Company Overview 2. Business model deep-dive 3. Market Overview 4. Financials 5. Outlook I. Overview II. Our Progress 6. Capital Market
Slide 109: 2024/25 sales and EBIT outlook
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Overview Overview II Our Progress Our Progress 109 2024/25 sales and EBIT outlook // Moderate increase in fx- and portfolio-adjusted
Slide 110: On track to reach mid-term target for FY 25/26
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Overview Overview II Our Progress Our Progress 110 We are on track to reach our mid-term target for FY 25/26 Key financial figures F
Slide 111: Good progress on our CMD KPIs
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Overview Overview II Our Progress Our Progress 111 We continue to make good progress on our CMD KPIs Business fields KPI FY 21/22 FY
Slide 112: Capital Market
Automation national DC , Göttingen, Germany 1. Company Overview 2. Business model deep-dive 3. Market Overview 4. Financials 5. Outlook 6. Capital Market I. Share price performance II. Capital allocation & dividends III. Analyst coverage IV. Ownership & Capital structure
Slide 113: CECONOMY outperformed its peer group
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Share price Share price II Capital allocation Capital allocation III Analyst coverage Analyst coverage IV Ownership Ownership 113 CE
Slide 114: Total shareholder return of c. 170%
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Share price Share price II Capital allocation Capital allocation III Analyst coverage Analyst coverage IV Ownership Ownership 114 CE
Slide 115: Our updated dividend policy
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Share price Share price II Capital allocation Capital allocation III Analyst coverage Analyst coverage IV Ownership Ownership 115 Ou
Slide 116: Covered by 9 analysts
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Share price Share price II Capital allocation Capital allocation III Analyst coverage Analyst coverage IV Ownership Ownership 116 CE
Slide 117: CECONOMY shareholder structure
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Share price Share price II Capital allocation Capital allocation III Analyst coverage Analyst coverage IV Ownership Ownership 117 CE
Slide 118: Slide 118
Slide 119: Disclaimer and Notes
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market 119 DISCLAIMER AND NOTES This disclaimer shall apply in all respects to the entire presentation This presentation is intended for info
Slide 120: Store format display: CORE
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 121: Store format display: SMART
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 122: Store format display: Lighthouse
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 123: Store format display: XPRESS
1 Company Overview Business model Market Overview Financials Outlook Capital Market Company Overview Business model Market Overview Financials Outlook Capital Market I Retail Core SaaS Retail Core & SaaS II Services Solutions Services & Solutions III Marketplace Marketplace IV Private Label Private
Slide 124: Slide 124