)
Ceconomy (CEC) investor relations material
Ceconomy Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 5.7% sales growth to €23.1 billion, with adjusted EBIT up 24% to €378 million, marking eleven consecutive quarters of EBIT growth.
Free cash flow rose 180% to €337 million, reflecting strong operational execution and tax optimization.
Growth businesses, including Services & Solutions, Marketplace, Private Label, and Retail Media, now contribute 36% of gross profit and drive margin expansion.
Omnichannel strategy and customer-centric initiatives led to a record Net Promoter Score of 61, up three points year-over-year.
JD.com partnership is set to accelerate logistics and technology capabilities, with closing expected in the first half of next calendar year.
Financial highlights
Sales increased to €23.1bn (+5.7% year-over-year), with like-for-like growth of 5.0%.
Adjusted EBIT rose to €378m (+24% year-over-year), exceeding updated guidance.
Gross margin improved by 30 basis points to 18.3% for the year, and adjusted OpEx ratio decreased by 10 basis points to 17.3% of group sales.
Online sales grew 13.3% to €5.7bn, representing 26% of total sales.
Free cash flow increased by €218m–€280m year-over-year, reaching €337m.
Outlook and guidance
Forecasts a moderate increase in currency and portfolio adjusted total sales for FY25 and FY26, with all regions contributing.
Targeting adjusted EBIT of around €500 million and stable free cash flow of €200 million per year.
Positive outlook maintained despite challenging market conditions, assuming a stable macroeconomic environment.
Next Ceconomy earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)