Ceconomy (CEC) Q4 2026 TU earnings summary

Executive summary

• FY 2025/26 sales grew 5.3% to €24.0bn; preliminary adjusted EBIT reached ~€515m, above the ~€500m target.

• Customer satisfaction reached a record NPS of 64, while adjusted profitability increased for the 15th consecutive quarter.

Financial highlights

• FY sales rose 5.3% YoY to €24.0bn; growth was also 5.3% on a like-for-like basis.

• Q4 sales increased 6.5% YoY adjusted for currency and portfolio effects, and 6.9% like-for-like.

• Preliminary FY adjusted EBIT was ~€515m versus €406m prior year, up ~27% and above the ~€500m target.

Outlook and guidance

• Targeting ~€800m adjusted EBIT in FY 2028/29, with growth areas expected to generate more than half of gross profit by then.

• FY 2026/27 priorities: expand growth areas, strengthen core business, and use technology and AI more purposefully.