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Between its financial year 2014/15 and 2023/24, the sales of Ceconomy fluctuated. In their FY 2023/2024, Ceconomy recorded around **** billion euros in sales, up from approximately **** million recorded a year earlier. Ceconomy is one of the leading consumer electronics retailers in Europe. 

Ceconomy: a leading consumer electronics retailer in Europe

Founded in 1966 as Metro Group and headquartered in Düsseldorf, Ceconomy offers an array of consumer electronics devices and household appliances. Today, the company is one of the leading consumer electronics retailers in Europe and operates in various countries, such as Germany, Austria, and Spain, with stores named Saturn and MediaMarkt, and Italy, where customers can purchase their favorite devices at MediaWorld.

Consumer electronics: a profitable market in Europe

In recent years, the consumer electronics market in Europe has been growing and is expected to keep increasing in the near future, recording a market size of over *** billion euros in 2024. The telephony segment accounts for most of the revenue, with around ** billion euros in revenues forecast for 2024. Smartphones and TVs are also popular among consumers and contribute to the growth of the overall consumer electronics market.