CECONOMY

Happy birthday, IFA! The International Consumer Electronics Fair in Berlin is now 100 years old. That’s a century of progress, technology, and innovation. What do televisions, car radios, video recorders, and PlayStations have in common? They all made their debut at IFA Berlin. But what is IFA today? It’s more than one of the world’s largest trade fair for consumer electronics and household appliances. It sets the pace in a world where innovation happens at an incredible, breathtaking speed. This trade fair has always been a must-attend event for us, and this year, we have our own stage and special IFA offers for our customers. Today, I had the honor of giving a speech at IFA, where I talked about the future of retail. In a world driven by rapid innovation, MediaMarktSaturn plays a critical role as a retailer. We are not just salespeople — we advise, explain, and make things possible. We guide our customers. Customer satisfaction is our top priority, and all our efforts are focused on that objective. We're always striving to improve, constantly reflecting on how we can get better. With 2.2 billion customer interactions every year, we serve as the link between the industry and consumers. IFA is known for showcasing innovations and announcing big news, and we want to uphold that tradition. Today, I had the pleasure of sharing some exciting news for MediaMarktSaturn. We've been searching for the perfect person to join our team - as a brand ambassador. 👉 Someone who fits with our values. 👉 Someone passionate about shaping our story. 👉 Someone who can make us even better. 👉 Someone who provides a strong team spirit Authenticity is key to staying relevant. And no one embodies that more than him. He’s genuine, he leads from the front, just like us. People love him. He’s a true ambassador for Germany on the global stage. He’s "The Normal One," yet so special: Jürgen Klopp! Welcome to #TeamMediaMarktSaturn, Jürgen! We’re delighted to have you join us. #IFA100 #IFABerlin #Ceconomy

What a great concept just started in Hamburg: Our biggest store in Europe and the latest lighthouse! We are excited to see more of it! #retail #innovation

I just returned from Türkiye, where we celebrated a special milestone with our MediaMarkt Turkey team: the opening of our 100th #MediaMarkt store in this great country. Reaching 100 stores is more than just a number; it stands for the dedication and hard work of our incredible MediaMarkt Türkiye team over the years. 👉 It shows the impressive growth journey to becoming the market leader. 👉 It reflects the excellent customer experience our team provides every day. 👉 It highlights the growth in our services and solutions business, and retail media through our omnichannel approach. 👉 It represents the strong, long-standing partnerships we’ve built. At our celebration, over 300 partners joined us to mark this special occasion. We couldn’t have reached this point without your trust and support. Thank you for standing by us. Together, we’ll continue to grow and succeed. And we’re very thankful to our customers for their loyalty and trust. I was touched by the passion, energy, and commitment of our team in the store. You truly made my day. As I mentioned, your energy and dedication give me confidence in our future. You are the ones who make MediaMarktSaturn what it is. A big thank you to our great Hulusi Acar and the fantastic Turkish team for your unique energy and spirit! Your passion for our customers has brought us to where we are today, and we’re lucky to have you. A big thank you to our COO Remko Rijnders, who is successfully leading his region and Türkiye to new heights! And a special thanks to former management, whose contributions were crucial in getting us here. Thank you, Faruk Kocabaş and Yenal Gokyildirim. Here’s to many more milestones together. Keep up the great work! #retail #proud #TeamMediaMarktSaturn

#Listen, #learn, and #exchange: I firmly believe that leading a company successfully requires listening, learning, and seeking constructive feedback from everyone in the organization. Everyone has a voice. And the most important voices are often the ones not visible enough. Hierarchy doesn’t make you an expert or entitle you to the right views or insights. One year ago, I launched a format called "Meet the CEO" at MediaMarktSaturn. Each month, colleagues can sign up on a first-come basis to meet me for brunch. We have honest conversations, employees ask great and challenging questions, and they share the issues they face or anything they'd like my take on. And they also offer positive feedback. Much of the time, I'm in listening mode, taking notes on what we need to improve, learning. I share my perspective. And often, I don't have the answer. But I feel encouraged to do more. These meetings are incredibly rewarding. I aim to leave people energized—and I leave with much more energy, too… We have great people from all walks of life. People with great loyalty for our company, With vast experience and a sharp sense of what needs to change. With passion for what they do and for our brand. People who are curious, eager to contribute, learn, and grow. This format has allowed me to meet people from all hierarchy levels, in an open way, that I might not have met otherwise. I am grateful for the feedback, and I want to hear the real deal. I also ask that we stay constructive and find ways to improve and be better. What pleases me most is to see the commitment, passion and energy of our employees. Thanks to all the participants so far—your constructive ideas and honest words were invaluable! Of course, I will continue these inspiring meetings in the future. Already looking forward to the next brunch in September! Let’s G(r)o(w)! #TeamMediaMarktSaturn

Eat. Sleep. Game. Repeat: #Gamescom 2024 is the ultimate event of the year for any gamer. People from across the globe gather at the world’s largest video game expo to check out the 1400 exhibitors – which is a new record. Personally, I’m not surprised at all, considering how the industry is booming for us and has seen steady growth in recent years. Visitors get the chance to test unreleased games, meet their favorite icons, and connect with fellow gamers. This approach aligns perfectly with MediaMarktSaturn’s 'Experience Electronics' strategy. In both cases, it’s all about trying, exploring, and experiencing. Let me share a few insights into why the gaming industry holds such significance for us: 👉 As reported by the German Games Industry Association, sales of games, consoles, PCs, and subscription services in Germany alone reached approximately €4.3 billion in the first half of the year. 👉 Hardware, games, and gaming accessories represent highly attractive categories for us. 👉 This gaming community is not only well-informed and up-to-date but also  invests significantly in their gear. 👉 In 2023, digital downloads made up 60% of PC and console game purchases in Germany, indicating a significant shift, according to GfK and data.ai. However, this trend differs across platforms. PC gamers overwhelmingly choose downloads, with >95% now buying games digitally. Console gamers still prefer physical copies, with 60% of console games sold on physical media. So, what steps are we taking to connect more closely with our special gaming audience? We've created our own unique store format, the XPERION Germany, an experiential world that feels like an entertainment trade fair, where everyone can explore technology with a focus on gaming, e-sports, and social media, all in one place. Our goal is to showcase our passion for the gaming sector, establish ourselves as a trusted partner, and further strengthen our brand image. There are already two Xperions in Germany, located in Cologne and Berlin, and we’ll open the next one in Hamburg on September 5. We're excited to create another vibrant daily meeting spot for gamers, influencers, and e-sports professionals—a place where it feels like Gamescom every day.  Let’s play! #TeamMediaMarktSaturn

Sifan Hassan, who won the Olympic marathon last Sunday, could be an excellent CFO ... and could have told a story or two about our Q3 numbers for MediaMarktSaturn and CECONOMY today.   I am sure most of you will have seen this: Stamina and excellent training carried her over most of the course in Paris last Sunday. On the last stretch, however, she sprinted to victory! Balancing this need for speed with endurance in a marathon is similar to finding the fine line between financial discipline and the pursuit of growth. And our Q3 figures show just this balance, underpinned by a solid strategic and financial framework.   In essence, we clocked a Q3 performance that mirrored the intensity of a sprint within our ongoing marathon of strategic transformation - with several impressive milestones:   🏁 📈 Immediate Gains: We hit the ground running, achieving a 6.6% jump in sales and a +€ 9 million gain in adjusted EBIT, making it six consecutive quarters of year-on-year growth. 🏁 📈 Consistent Performance: Our stamina showed with a strong increase in online sales and a significant plus in our growth businesses, proving that our pace in the omnichannel race is both steady and impactful. 🏁 📈 Strategic Pacing: Driven by disciplined cost management, our cashflow improved by €100 million year-on-year in Q3, demonstrating our commitment to balancing speed with long-term financial health. 🏁 📈 Refueling with purpose: To recharge our energy, we successfully placed a €500 million sustainability bond maturing in 2029, laying the foundation for a stable, long-term funding structure.   These strides in Q3 are no coincidence; they are the manifestation of our strategy we promised at our Capital Markets Day and our evolution from a pure retailer to a service-oriented platform.   A huge thank you to Karsten Wildberger for mapping the route and to every team member whose dedication has brought us here. It is this mindset, this clarity of purpose that drives us towards our vision.    For more information on our results, please click here: https://lnkd.in/eBSP8pKh Kathy Keppeln Sascha Mager Guido Monferrini Iris Pruefer Remko Rijnders Michael Schuld Andy Wolfe

MediaMarktSaturn and CECONOMY - growth and further improved profitability 📈: Today, our CFO Dr. Kai-Ulrich Deissner and I presented our strong Q3 results to analysts and the press - our sixth consecutive quarter of growth. This success has led us to also raise our sales outlook, following last quarter's increase in our EBIT guidance. This underlines the impact of our strategy, with success evident in our growth areas such as Private Label, Marketplace, Retail Media and Services and Solutions.   What this means in figures:  👉 Services & Solutions revenue grew 18.1%.  👉 Marketplace revenue (GMV) more than doubled. We now have almost 1,500 sellers on our platform, offering around 1.6 million products.  👉 Our own brand sales grew by 22%.  👉 Customer satisfaction rises to a new high.   Our omnichannel concept, integrating the online and offline worlds, has been well received by our customers, as we grew both online and offline in the last quarter. Our customer-centric approach is also paying off: over the course of the third quarter, the Net Promoter Score (NPS) reached 61 points, surpassing the previous high from the second quarter by 6 points.   None of this would be possible without the commitment of our people. I am incredibly proud of the achievements of our team. I thank each and every one of you at MediaMarktSaturn and CECONOMY for making this possible and for driving our development forward 🙌.   I look forward to the coming months with confidence, let's continue to grow, inspire our customers and prove again that we deserve to be Europe's number 1 💪. Dr. Kai-Ulrich Deissner, Sascha Mager, Guido Monferrini, Remko Rijnders, Iris Pruefer, Michael Schuld, Andy Wolfe, Kathy Keppeln

Q3 2023/24 for #Ceconomy and #MediaMarktSaturn is in the books! Our performance continues to drive up sales and earnings, marking the sixth consecutive quarter of growth. Through careful liquidity management and rigorous cost control, we have fortified our financial stability. Furthermore we adjusted our outlook for the full financial year 2023/24 slightly upwards: We expect a moderate increase in currency- and portfolio-adjusted total sales and an adjusted EBIT in the range between €290 million and €310 million. Get more information here: https://lnkd.in/eRz8psNw

𝗔𝗻𝗱 𝘁𝗵𝗲 𝘄𝗶𝗻𝗻𝗲𝗿 𝗶𝘀.... Yesterday we had two good reasons to celebrate! #Ceconomy did not only win the prestigious Investor Relations Award in the German S-Dax category, also our VP Investor Relations Fabienne Caron was acknowledged as the best Investor Relations Professional in S-Dax! 🏆 🏆 The "Deutscher Investor Relations Preis," presented annually by Institutional Investor, WirtschaftsWoche, and the DIRK – Deutscher Investor Relations Verband is a celebration of outstanding Investor Relations practices in Germany. We are proud of our results, proving that we are on the right way to grow and transform our business and that our efforts are also being recognized by investors and analysts! #InvestorRelations #TeamSuccess #AwardWinners #TeamMediaMarktSaturn #retail  

🏆We have won! 🏆 First, our company won the prestigious Investor Relations Award in the German S-Dax category. Secondly, our VP Investor Relations Fabienne Caron was acknowledged as the best Investor Relations Professional in S-Dax! A really strong performance. 💪💪💪Congratulations Team MediaMarktSaturn and CECONOMY 🥳